You are on page 1of 395

Caracterización del zumo de limón español

(Citrus limon (L.) Burm.) y valorización de


subproductos industriales

José Lorente Fernández

http://hdl.handle.net/10803/664901

ADVERTIMENT. L'accés als continguts d'aquesta tesi doctoral i la seva utilització ha de respectar els drets
de la persona autora. Pot ser utilitzada per a consulta o estudi personal, així com en activitats o materials
d'investigació i docència en els termes establerts a l'art. 32 del Text Refós de la Llei de Propietat Intel·lectual
(RDL 1/1996). Per altres utilitzacions es requereix l'autorització prèvia i expressa de la persona autora. En
qualsevol cas, en la utilització dels seus continguts caldrà indicar de forma clara el nom i cognoms de la
persona autora i el títol de la tesi doctoral. No s'autoritza la seva reproducció o altres formes d'explotació
efectuades amb finalitats de lucre ni la seva comunicació pública des d'un lloc aliè al servei TDX. Tampoc
s'autoritza la presentació del seu contingut en una finestra o marc aliè a TDX (framing). Aquesta reserva de
drets afecta tant als continguts de la tesi com als seus resums i índexs.

ADVERTENCIA. El acceso a los contenidos de esta tesis doctoral y su utilización debe respetar los
derechos de la persona autora. Puede ser utilizada para consulta o estudio personal, así como en
actividades o materiales de investigación y docencia en los términos establecidos en el art. 32 del Texto
Refundido de la Ley de Propiedad Intelectual (RDL 1/1996). Para otros usos se requiere la autorización
previa y expresa de la persona autora. En cualquier caso, en la utilización de sus contenidos se deberá
indicar de forma clara el nombre y apellidos de la persona autora y el título de la tesis doctoral. No se
autoriza su reproducción u otras formas de explotación efectuadas con fines lucrativos ni su comunicación
pública desde un sitio ajeno al servicio TDR. Tampoco se autoriza la presentación de su contenido en una
ventana o marco ajeno a TDR (framing). Esta reserva de derechos afecta tanto al contenido de la tesis como
a sus resúmenes e índices.

WARNING. Access to the contents of this doctoral thesis and its use must respect the rights of the author. It
can be used for reference or private study, as well as research and learning activities or materials in the
terms established by the 32nd article of the Spanish Consolidated Copyright Act (RDL 1/1996). Express and
previous authorization of the author is required for any other uses. In any case, when using its content, full
name of the author and title of the thesis must be clearly indicated. Reproduction or other forms of for profit
use or public communication from outside TDX service is not allowed. Presentation of its content in a window
or frame external to TDX (framing) is not authorized either. These rights affect both the content of the thesis
and its abstracts and indexes.
























   


$     &
 &#'#'
   %







    




  








Universitat de Lleida
Departament Tecnologia d’Aliments
Av. Alcalde Rovira Roure, 191
25198 Lleida
Tel.: (+34 973 702521 / 973 702500
Fax :(+34 973 702596
dta@tecal.udl.es

El Dr. Albert Ibarz Ribas, Catedrático de Universidad del Área de Tecnología de Alimentos del
Departamento de Tecnología de Alimentos de la Universidad de Lleida y la Dra. Nuria Martí
Bruñá, Profesor Contratado Doctor del Área de Tecnología de Alimentos del Departamento de
Tecnología de Agroalimentaria de la Universidad Miguel Hernández

Hacen constar:

Que la Tesis Doctoral titulada “Caracterización del zumo de limón español (Citrus limon
(L.) Burm.) y valorización de subproductos industriales”, de la que es autor José Lorente,
ha sido realizada bajo su dirección, su contenido se corresponde con el proyecto de tesis
aprobada en su momento y cumple las condiciones requeridas para optar al grado de Doctor por
la Universidad de Lleida. Por todo ello,

Autorizan:

A que esta memoria se presente para su defensa oral.

Lleida y Orihuela, 8 de octubre de 2015

Fdo: Albert Ibarz Ribas Fdo: Nuria Martí Bruñá



 



 #-+"',-,,##'-+$%')'+#0.5%,,-%5)'+-(%
 , 0 $)."  # +7 .+ +- 5 +-'+  ,- ,,  # *. *.+'
,%+$%-++#+,.#-'%#0,.0.7 % # )'0' %,,-%- 
%-#%- # +7 #+-
+15 '8+-'+  ,- ,,5  #$%- ., -%' #
#)++#-+"'7
 .+' $, ++ ,)#$%- # +7 '$%' .+ )'+ ,. 0.5
,- $.#'0)'0'%'%'%#7
$% +1'  #', $$+',  # #%- #'-'  .$',  #  5
,)#$%-  %# #%' 0 .# %# %1 )'+ ,. )'0' 0 0. % #
%#1(%,--+"'7
  $, '$)&+',   ''5 +, )'+ -'' # )'0' 0 # %'+$(%
+5 '%1##5 +5-+5 .%'#'5+,7

      

     
     
 

  
  5   $ .#'5 '% # $+ ,--  .% ++' 0
-#.%*.#.()'+.%) ,$"'+7 $#-%,-#$'$'%+0
0'+1'-'',##',,-#(%0',--+"'5-%-'#',*.//%'$'
#',*.0%'7%,&+$',#',%./',,-++%7

-'',6,'.%







 


'((&"1  (" "$&&(&.# )" # '$!"1
) $"'(&"& ( $" - #    '(&)()&#    $&' ( ('' %)
"$& "'$&('2

3 

!
   
2
•  ''  "' $&(&"' &""'    )  & 
 )" #  3
•  )   " ("   "' $&(&"'   
.)"# '$!"

  ""&   )   ' &(&'('  )"  
'(3

"$&""%)(""'"'+"&' ("')" # '$!"1 "'( 
 " "& " "' "' ) &  -%)'("')$" ) 
$&" $"&( ('" $&  "&.#   )" '$!"3 '("' +"&' 
&(&.# '&+& '$&&) $&"$)'(""'$&(&"'
&""' ) &  $&$(&'&(&'(' )'(&"
.)"3
"' +"&' "( "'    &(&.#   .)"  #  '$!"1 $)  '&
 (&$&("' $& ( $"& &." ' ('1 '$ ( ' %) ' +  
&$( " "'*("'54!"'""$&""'&"''%),(&- # "
 "'(&"$' +& "1'" ""'() "'!"'-)') "'*("'
!"'3
   ""&  .)"  #  '$!"1 "' +# (   &" & '(
" (& '&(&'('.)"""" ( "  )$1'#"'
'")'1.-&""  (&# 3'("&'"'&+#%) ) # 
'("'$&(&"'1""&+&& (3
"& " (""' "' $&(&"'  ."'    .)"  #  '$!" " (&)-  
 &'(-,$&')'$)&'1'$&"$" &&"&' )
&  -'" +&(  )  "&# $&' $& )'(&
$&"'"3

$  
           
  
 
  

 

  '( ')  $&( '  &."   '' "'  "' $&")("' ')'$('  '&
&)$&"' $&"'" )'(&# 2
•  
 3 "'("' ."'&&)$&$&" (
')$&")("'"'"' )'(&(&1 "'  )(&"  (
'( " "'("'$&( # )-('"&''3
'('()"'(&" $&(&"'&%)  ')
)'" )'(&-')' "' $"'$# '(' & ('
$&")("' )'(&'3 "'&')("' '"&"'-)-$"'(+"'( ("
$&   )'(&  $&")#  "" $& %)  $"' $#  
'('&'3
• 

 
 

 
 
3  &)$&#   ('   &)('
(&' ' )  $&"'"   & '  )"' !"' " 
$&" ("' ( "#"' " & "+"'    (3 "   $&' (
'()" '-")  )+( ""&)$&# '("'('1
  )  $&"'" $&+"   ,(&#   .)"1 ' $) "'(&& %) '
$"') (& &)$&# -"&&'("'
(',(&"'3 $# '( )+( ""') && (
)-+"'$& )'(&$&"'"(&"'3
'&)$&" '')$"  "&& '$ ('$&"'"1) (&
 +&'  "' $&")("' $&"'"' - "&&  '"'(   '(' $ ('1
' )- "$(" ($"&&)# &')"'-" ')" &("3



%!)'). )' % +-.'/ /.!. )/)-% . -%!)'' %). .!0!'/.
/-$).8

-   
7-797 -/"797
-3797)%%7 97 -''37 97%-)7 92
0-797CABE9 &!%0!+-&/-.)-+'!. %&)'<!/-0.%!&)'< 9=
0-&9=$0!.9 !  7++9BIG:BJB9

- -/"7 97 0-7 97 0'/.>7 97 !3&7 97 -"7 97 !):%%./-7 9 9 2
  
7 CABB9 !- -)& /'-!' $0! !'0./-29   
!<B=7++9JE:JI9

- -3: *+37 9 97 0-7 97   


 2 -)'%%:-- !'7 997 CAAG9
!&)''7%!'%))%76:/-+!')%7'/-+!'':E:)%.,0%!/2)'/-)%+-&/-.
!'&'-!'$0!+-)..!'9
  ! <D:
E=7++9CIB:CIF9

- %-)7 97 !)%7 97 0-7 97 0()37 97   


 2 -/"7 97 CABA9
)&+-!.)' ) '/!&!-)!% /-/&'/. )- !/-0. $0!.9 
"
!   !
!
7++9B:BC9

- -/"797 
%-)7 97
-37920-79CABE9 +/-E9)1-2
' . ) 2:-)0/. -)& -0!/ 0! -)0/!)' ' 0! -)..!'8
0%!/27/2'%0:++)-/0'!/!.7!/)-.9%0-29
-39
-..9!'.EB;HE9
JHIBEGGFHHDDG9

- -/"7 97   


 %-)7 97
-37 9 2 0-7 9 CABE9  +/- J9
1'. !' -0!/ 0! )'1'/!)'%  -&% -)..!'9 0! -)..!'8
0%!/27/2'%0:++)-/0'!/!.7!/)-.9%0-29
-39
-..9!'.BHB;BJG9
JHIBEGGFHHDDG9





ÍNDICES


   

 
 B>   O
B>B>05)64("05$.$,7.#0 O
B>C>,,(-1.")64("0-$#(6$44 .$0 R
OBPBOB2.5%/, %+/, , *2  %4 22,  R
OBPBPB2.5%/, ,30- T
OBPBQB2%,%0* 32%  3 %+/, ,30- U
OBPBQBOB%+/,%,. W
OBPBQBPB%+/, 2, ON
OBPBQBQB4232%  3 OO
B>D>,,(-1.(.#7564(,(9#0 OQ
OBQBOB4.33.2 *%+/,%,5342%*%;. OR
OBQBPB ,.*.#&3 02. 3. *%+/, OS
OBQBPBOB%34 + 02. 3. C%,%, D OT
OBQBPBPB%34 + 02. 3.2.8, PP
OBQBPBQB403 , *02. 3.%,5342%* ;5+. PR
OBQBQB 2%7.3 *%+/,%,5342%*%;. PV
OBQBQBOB5+. %+/, QO
OBQBQBPB %4  3 ,%* QP
OBQBQBQB5*0 QT
OBQBQBRB 2%7.3 *.24 ; QU
B>E>$'(5,"(1.8"4(6$4(05#$",(###$,97-0 QW
OBRBOB #%3*%/, QW
OBRBPB2%4 2%.3 *% *5+. SS
B>F>-!(0,(- 6("0 SS
  >  TS
C>B> 6$4(,$5 8 -$60#0,0') $52$")&(" #$, 2(67,0 > 4"6$4(9"(1. #$, 
97-0#$,(-1.$52/0,?  ?>@74->@ TS

PBOBOB2.5%/, 5+. *%+/, TS


C>C> 6$4(,$5 8 -$60#0,0') $52$")&(" #$, 2)67,0 > 567#(0 50!4$ ,05
$&$"605 #$, "-!(0 ",(- 6("0 $. ,05 24 -$6405 #$ ",(## #$ 97-0 #$ ,(-1. TS
$52/0,?(6475,(-0.?>@74-@

   

PBPBOB2. %+% ,4.  942%/,02*02.5%/, 5+. *%+/,


TT


C>D>6$4(,$58-$60#0,0')$52$")&("#$,B> TU
TU
PBQBOB.,4 ,%. ,3/*%.33.*5* 3
TV
PBQBPB% ;
TV
PBQBQB ,%  ".2+.*

PBQBRB ;62 3:%.3.2#,%.3 TV

PBQBSB
%2.9%+ 4%*"52"52* TW

PBQBTB  4 2+%,%/, +%,.%.3 UN

PBQBUB  4 2+%,%/, +%, 2* 3 UN

PBQBVB  4 2+%,%/,  4,.* UN

PBQBWB*7.,.% 3 UN

PBQBONB 4%,3.*5*  UO

PBQBOOB24+% ,4. 34&34%. 4.3 UQ

C>E>6$4(,$58-$60#0,0')$52$")&("#$,2)67,0> "604$537$(.&,78$. UR


$.,0524 -$6405#$"0,04#$,97-0#$,(-1.$52/0,?  ?>@74->@
 UR
PBRBOB 942%/, *;5+.
PBRBPB 4 2+%,%/,., *.*.2&+ 42.42% 34&+5*. UR

PBRBQB,*%3%334&34%. UU

C>  
 UU
C>F>6$4(,$58-$60#0,0')$52$")&("#$,2)67,0 40#7""(1.#$&(!4
#($6%6("#$,6",(##240"$#$.6$#$57!240#7"605.4.+8,(-1.
 UU
PBSBOB2. 3. *.3&42%.302* 942%/, *;5+.:3502.54.3
PBSBOBOB 32%0%/, *02. 3.  942%/, ;5+.:.4 ,%/, 
UV
3502.54.3

PBSBOBPB 32%0%/, *3%34 +54%*%;.02.4 , 2"%2% 4!4% UV

PBSBPB 4 2+%,%/, *2 ,%+% ,4. VN


   

PBSBQB 4 2+%,%/, *0% 2 4 ,%/, #5H


I VO

PBSBRB 4 2+%,%/, *0% 2 4 ,%/,  %4 H


I VO

PBSBSB 4 2+%,%/, *0


 VP

PBSBTB 4 2+%,%/, 02+ 42.342% 34&+5*. .*.2 VP


PBSBUB%3.3% VQ
PBSBVB7*5%/, * 3425452 "%2% 4!4%
VQ

PBSBWB345%. 34&34%. VR


PBSBONB,*%3%3 .22 30., ,%+6*4%0* + %,4  VR
 
C>G>6$4(,$58-$60#0,0')$52$")&("#$,2)67,0 $"72$4"(1.#$
VT
"$(6$$5$."(,#$")64("05
 
PBTBOB 32%0%/, *2.4.4%0. +0* . ,*2 50 2%/,  %4 
VT
3 ,%* &42%.3
 VV
PBTBPB 4 2+%,%/,5,4%44%7 * %4  3 ,%*
 
  >          ?
 
WP
?>@>@

D>B> .640#7""(1. WQ

D>C>$57,6#058#(5"75(1. WQ

QBPBOB.,4 ,%. ,3/*%.33.*5* 3 WQ

QBPBP 4 2+%,%/, % ; WS

QBPBQB% ;7*.2*  WS

QBPBRB% ;7.*4%* WU

QBPBSB 4 2+%,%/, %.3.2#,%.3 WV

QBPBTB 4 2+%,%/, ;62 3 ONS

QBPBUB 4 2+%,%/, +%, 2* 3 ONW

QBPBVB 4 2+%,%/, ".3"4.3:35*"4.3 OOS

QBPBW 4 2+%,%/,  ,%;3 OOV

QBPBON 4 2+%,%/, 0 4%,3.*5*  OOW

QBPBOO 4 2+%,%/, 
30 2%%, OPP

QBPBOPB 4 2+%,%/, 
%2.9%+ 4%*"52"52*H
I OPR
   

QBPBOQB 4 2+%,%/,  ,%  ".2+.* OPS

QBPBORB+%,.%.3 OPT

QBPBOSB,*%3%3 34&34%. ORT

D>D>0.",75(0.$5 OTR
 
  >      
OTU
  ?
 ?>@@

E>B> .640#7""(1. OTU

E>C>$57,6#058#(5"75(1. OTU

RBPBOB.,4 ,%. ,3/*%.33.*5* 3 OTU

RBPBPB% ; OUN

RBPBQB%.3.2#,%.3 OUR

RBPBRB;62 3 OVP

RBPBSB%, 2* 3 OVU

RBPBTB 4%,3.*5*  PNQ

RBPBUB*7.,.% 3 PNR

RBPBVB
%2.9%+ 4%*"52"52*H
I PNS

RBPBWB 4 2+%,%/,  ,%  ".2+.* PNT

E>D>0.",75(0.$5 PNV
 
  >          
PON
 ?
 ?>@>@

F>B> .640#7""(1. PON

F>C>$57,6#058#(5"75(1. POP
SBPBOB ,"*5 ,% *0.2 ,4(  05*0 , *.*.242% 34&+5*. *;5+.  POP
*%+/,B
SBPBPB ,"*5 ,% *.3K2%9 , *.*.242% 34&+5*. *;5+. *%+/,B POS

SBPBQB ,"*5 ,% *% ; , *.*.242% 34&+5*. *;5+. *%+/,B POW

SBPBRB ,"*5 ,% *., ,42.2 , *.*.242% 34&+5*. *;5+. *%+/,B PPP
SBPBSB%" 2 ,%%/, ;5+.3@02.  ,4 3 %" 2 ,4 372%  3 *%+/,@
3 #6,*.302+ 42.342% 34&+5*. *.*.2:3 #6, *3%34 + + % PPT
54%*%;.B
   

F>D>0.",75(0.$5 PQN
 
C>      
   >           
PQQ
 

G>B> .640#7""(1. PQQ

G>C>$57,6#058(5"75(1. PQT

TBPBOB 4 2+%,%/, *2 ,%+% ,4. "%2% 4!4% PQT

TBPBPB0% 2 4 ,%/, #5 PQU

TBPBQB0% 2 4 ,%/,  %4 3 PRN

TBPBRB 4 2+%,%/, 0
 PRQ

TBPBSB2+ 42.342% 34&+5*. .*.2 PRS

TBPBTB %3 7%3.3%*SZ "%2% 4!4% PRU

TBPBUB7.*5%/, * 3425452 *"%2 &42%.3 PRW

G>D>. ,(5(5$56#)56("0 PSS

G>E>0.",75(0.$5 PTS
 
  >     PTU
H>B> .640#7""(1. PTU
H>C>$57,6#058(5"75(1. PTW
UBPBOB2%* 3 *02. 3.A"5,%.,+% ,4. * 15%0. PTW
UBPBPB,3:.  942%/,  %4  3 ,%* *%+/,.,BBBB PUN

H>D>0.",75(0.$5 PVQ
 
  >  PVS
  >  
  PVU
 > QNO





   

 
 
2)67,0  
%#52 OBOB 4.3 02.5%/, : .,35+.   ,2,( , * +5,.B F O
#2%5*452 HPNOSI
%#52 OBPB 4.3   02.5%/, : .,35+.   *%+/, , * +5,.B F 
#2%5*452 HPNOSI Q
%#52 OBQB 4.3 02.5%/, : .,35+. +5,%*   +,2%, B F 
#2%5*452 HPNOSI Q
%#52OBRB2.5%/, *%+/,0.20&3 3B@2 3$ *HI  S
%#52 OBSB 2.5%/,   *%+/, , *.3 0&3 3  * + %4 22, .B @ 2 3$ * T
HI 
%#52OBTB2%,%0* 30&3 302. 3.2 3 *%+/, , *+5,.B@2 3$ * T
HI
%#52OBUB%342%5%/,0.2 ,45* *02.5%/, *%+/, ,30-H@ OR
PNORI
%#52OBVB.+0., ,4 3  942%/,  B.24 3&      OU
%#52OBWB403 *02. 3.  942%/,&42%.,4 ,.*.#& %,*%,   OW
%#52OBONB403"5,+ ,4* 3 *02. 3. &42%.3., *3%34 +  PN
%#52OBOOB ,%+% ,4.34%0.  942%/, %+/, 30-.*B.24 3&   PO
%#52OBOPB2%., 3.4 ,%3 , *02. 3. *%+/,B     PP
%#52OBOQB*,4 02. 3. &42%.3 2.8, PR
%#52OBORB 32%0%/, *02. 3. *7. "254 ,02. 3. &42%.3 PT
%#52OBOSB.24  5,"254.&42%.B   %22:;;@PNNN   PW
%#52OBOTB315 +# , 2* 02. 3.3%+0*%"%. * 942%/, %+/,B QN
  
%#52OBOUB315 +# , 2* 5,0*,4 5+.3&42%.3B .20.24%., QO
%#52 OBOVB 315 +  2 50 2%/,    %4 3 3 ,%* 3 , 9424.2   QQ
&42%.3@   
%#52OBOWB315 +3%. 2 50 2%/,  %4 3 3 ,%* 3 &42%.3  QR
%#52 OBPNB 315 +   3 02%/,    %4  3 ,%* "5 2   * 9424.2B QS
2.8, 
   

%#52 OBPOB 315 +    50 2%/,   5*0 &42%B .24 3&    QT
.20.24%.,  
%#52OBPPB%#2+ *3%34 +% 22B @OWWR     SU
%#52OBOQB *5342%/, 315 +4% *.3 3 ,2%.3 FB 250.  42(. SV
 * @PNNN
%#52 OBPRB  +%3%., 3   %/9%.   2.,. +5,%* 3 , #%#4., *3   TO
2/,H 4E-.IB3 ,2%.3B5 ,4  250.  @PNNN
%#52 OBPSB +%.3 , * 02 %0%4%/,@ 4 +0 2452 +9%+@ %,4 ,3%   TQ
**57%:&3 **57% ,*.+5,%* ,%,BPNOR
%#52OBPTB4.3+ 4 .2.*/#%.3 PNOR ,30-  TR
2)67,0  
%#52QBOB/*%.33.*5* 34.4* 3H<2%9I ,;5+. *%+/,%2 4. WR
%#52QBPB% ;7*.2*  ,;5+. *%+/,%2 4.HI %,5342%*HI WT
%#52QBQB% ;7.*4%* ,;5+. *%+/,%2 4.HI %,5342%*HI WU
%#52QBRB%.3/2%. ,;5+. *%+/,"2 3.HI %,5342%*HI ONN
%#52QBSB%.&42%. ,;5+. *%+/,"2 3.HI %,5342%*HIH, 9.QBSI ONO
%#52 QBTB  %.  F 3.&42%. , ;5+.   *%+/, %2 4. HI  %,5342%* HI ONP
H, 9.QBTI
%#52QBUA4%.B&42%.EB 3.&42%.B ONQ
%#52QBVB%.F*%. ,;5+. *%+/,%2 4.HI %,5342%*HI ONR
%#52QBWB *5.3 ,;5+. *%+/,"2 3.HI %,5342%*HI ONT
%#52QBONB254.3 ,;5+. *%+/,"2 3.HI %,5342%*HI ONU
%#52QBOOB2.3 ,;5+. *%+/,"2 3.HI %,5342%*HI ONV
%#52QBOPB*%. ,;5+. *%+/,"2 3.HI %,5342%*HI OON
%#52QBOQB#, 3%. ,;5+. *%+/,"2 3.HI %,5342%*HI OOO
%#52QBORB.43%. ,;5+. *%+/,"2 3.HI %,5342%*HI OOQ
%#52QBOSB.%. ,;5+. *%+/,"2 3.HI %,5342%*HI OOR
%#52QBOTB*.2 3 H, 9.QBOTI OOT
%#52QBOUB5*"4.3 ,;5+. *%+/,"2 3.HI %,5342%*HI OOU
%#52QBOVB ,%;3 ,;5+. *%+/,"2 3.HI %,5342%*HI OOW
%#52QBOWB 4%,3.*5*  ,;5+. *%+/,%2 4.HI %,5342%*HI OPO
   

%#52QBPNB
30 2%%, ,;5+. *%+/,%2 4.HI %,5342%*HI OPQ
%#52QBPOB
%2.9%+ 4%*"52"52* ,;5+. *%+/,%2 4.HI %,5342%*HI OPR
%#52QBPPB ,%  ".2+.* ,;5+. *%+/,"2 3.HI %,5342%*HI OPT
%#52QBPQB%.3024%. ,;5+. *%+/,%2 4.HI %,5342%*HI OPU
%#52QBPRB*,%, ,;5+. *%+/,%2 4.HI %,5342%*HI OPV
%#52QBPSB2#%,%, ,;5+. *%+/,%2 4.HI %,5342%*HI OQN
%#52QBPTB3022#%, ,;5+. *%+/,"2 3.HI %,5342%*HI OQO
%#52QBPUB ,%**,%, ,;5+. *%+/,%2 4.HI %,5342%*HI OQP
%#52QBPVB *%%, ,;5+. *%+/,"2 3.HI %,5342%*HI OQQ
%#52QBPWB%. *54+%. ,;5+. *%+/, 30-.*%2 4.HI %,5342%* OQR
HI
%#52QBQNB *54+%, ,;5+. *%+/,%2 4.HI %,5342%*HI OQS
%#52QBQOB
%34%%, ,;5+. *%+/,%2 4.HI %,5342%*HI OQT
%#52QBQPB 3.* 5%, ,;5+. *%+/,%2 4.HI %,5342%*HI OQU
%#52QBQQB 5%, ,;5+. *%+/, 30-.*%2 4.HI %,5342%*HI OQV
%#52QBQRB%3%, ,;5+. *%+/, 30-.*%2 4.HI %,5342%*HI OQW
%#52QBQSB 4%.,%, ,;5+. *%+/, 30-.*%2 4.HI %,5342%*HI ORN
%#52QBQTB2.*%, ,;5+. *%+/, 30-.*%2 4.HI %,5342%*HI ORO
%#52QBQUB 2%, ,;5+. *%+/, 30-.*%2 4.HI %,5342%*HI ORP
%#52QBQVB%2.3%, ,;5+. *%+/, 30-.*%2 4.HI %,5342%*HI ORQ
%#52QBQWB2 .,%, ,;5+. *%+/, 30-.*%2 4.HI %,5342%*HI ORR
%#52QBRNB*%, ,;5+. *%+/,%2 4.HI %,5342%*HI ORS
%#52QBROB 02 3 ,4%/, *72%%*% *3.3.+0., ,4 3O:P ORV
2)67,0  
%#52 RBOB /*%.3 3.*5* 3 4.4* 3 H<2%9I , ;5+.   *%+/, %2 4.   *3 OTU
%" 2 ,4 3+0-3
%#52 RBPB .,4 ,%. , 3/*%.3 3.*5* 3@ 02 %0%4%., 3 : 4 +0 24523 OTW
+9%+3@ 5,%.PNOR
%#52RBQB% ;H#E*I *;5+. %+/, *3+0-3B OUO
%#52 RBRB  *%/,  % ;F2 %0%4%., 3F +0 2452@ 5,%.   PNORB %, OUP

   

%#52RBSB% ;7.*4%*H#E*%.!4%.I ,;5+. *%+/,%2 4.52,4 *3 OUQ


%" 2 ,4 3+0-3B
%#52 RBTB %. 3/2%. H+#E*I , ;5+.   *%+/, %2 4. 52,4  *3 OUS
%" 2 ,4 3+0-3B
%#52 RBUB %. &42%. H#E*I , ;5+.   *%+/, %2 4.   *3 %" 2 ,4 3 OUT
+0-3
%#52 RBVB  *%/, %. &42%.F2 %0%4%., 3F +0 2452@  5,%.   PNORB OUV
%,
%#52 RBWB %. 3.&42%. H#E*I , ;5+.   *%+/, 30-.* %2 4.   *3 OUV
%" 2 ,4 3+0-3
%#52 RBONB %. +*%. H#E*I , ;5+.   *%+/, %2 4.   *3 %" 2 ,4 3 OVN
+0-3
%#52 RBOOB  *%/,  B F *%. F *%+4.*.#&B 5+. %+/, 30-.* %2 4. OVO
PNORB
%#52RBOP *5.3H#E*I ,;5+. *%+/,%2 4. %" 2 ,4 3+0-3B OVP
%#52RBOQB *%/, *5.3F2 %0%4%., 3F +0 2452@ 5,%. PNORB%, OVQ

%#52RBORB254.3H#E*I5+. *%+/,%2 4. *3%" 2 ,4 3+0-3 OVQ
%#52RBOSB *%/,254.3F2 %0%4%., 3F +0 2452@ 5,%. PNORB%, OVR

%#52RBOTB2.3H#E*I ,;5+. *%+/,%2 4.@+0-3 345%3 OVS
%#52RBOUB *%/,2.3F2 %0%4%., 3F +0 2452@ 5,%. PNORB%, OVT

%#52 RBPVB 5*. $6+ .   35 *.3 "2,.F2%**.3.3 : %342%5%/,   OVU
+%, 2* 3H*3  @PNNVI
%#52RBOWB*%.H+#E*I ,;5+. *%+/,%2 4. *3%" 2 ,4 3+0-3B OVW
%#52 RBPNB  *%/,  *%.F2 %0%4%., 3F +0 2452@ 5,%.   PNORB %, OWN

%#52RBPOB#, 3%.H+#E*I5+. *%+/,%2 4. %" 2 ,4 3+0-3 OWO
%#52 RBPPB  *%/, #, 3%.F2 %0%4%., 3F +0 2452@ 5,%.   PNORB OWP
%,
   

%#52RBPQB.43%.H+#E*I ,;5+. *%+/,%2 4. *3%" 2 ,4 3+0-3 OWQ


%#52RBPRB *%/,.43%.F2 %0%4%., 3F +0 2452@ 5,%. PNORB%, OWR

%#52RBPSB.%.H+#E*I ,;5+. *%+/,%2 4. *3+0-3 345%3B OWS
%#52 RBPTB %45%/, 5*. $6+ . ,4 3 H ;15% 2I : (534.  305!3   5, OWT
**57%H 2 $IH 33.F$7 22& 4*@PNNOI
%#52 RBPUB  *%/,  .%.F2 %0%4%., 3F +0 2452@ 5,%.   PNORB %, OWU

%#52RBPVB4.4*H+#E*I ,;5+. *%+/,%2 4. *3%" 2 ,4 3+0-3 OWV
%#52RBPWB *%/, ,42 /3".2.F2 %0%4%., 3F +0 2452@ 5,%. PNORB OWW
%,
%#52RBQNB5*"4.3H+#E*I5+. *%+/,%2 4. *3%" 2 ,4 3+0-3B PNN
%#52RBQOB ,%;3H#E*I ,;5+. *%+/,%2 4. *3%" 2 ,4 3+0-3B PNO
%#52RBQPB *%/, ,%;3G*%+4.*.#&@ 5,%.PNORB%,B PNQ
%#52RBQQB 4%,33.*5* 3H+#E*I ,;5+. *%+/,%2 4. *3%" 2 ,4 3 PNQ
+0-3B
%#52 RBQRB
30 2%%, H+#E*I , ;5+.   *%+/, %2 4.   *3 %" 2 ,4 3 PNR
+0-3B
%#52RBQSB
H+#E*I ,;5+. *%+/,%2 4.52,4 *+0-PNNPENQB PNT
%#52 RBQTB ,%    ".2+.* , ;5+.   *%+/, %2 4.   *3 %" 2 ,4 3 PNU
+0-3B
2)67,0 
%#52SBOB5+%,.3% ,;5+. %+/,@3 #6,Z 05*0H
5,4 2I POQ
%#52 SBPB*.2 3  * 02+ 42.    .*.2 , 5+.   %+/, 30-.*@  ., POQ
%34%,4.3Z 05*0B
%#52 SBQB *.2 3     0 ,% ,.  * 0.2 ,4(    05*0  * ;5+. 3 #6, POR

5,4 2B
%#52 SBRB *.2 3  * ,#5*. $5  3 #6, * 0.2 ,4(    05*0@ , 5+.   POR
%+/,B
%#52SBSB*.2 3 *025,;5+. %+/,.,%34%,4.Z 05*0@
5,4 2 POS
%#52SBTB5+%,.3% , *.*.2 5,;5+. %+/,@ 0 ,% ,. *<2%9 POT
   

B
%#52SBUB*.2 3 *02+ 42. *.*.2@ ,5,;5+. *%+/, 30-.*., POT
%34%,4.3<2%9B
%#52SBVB*.2 3 *.+0., ,4  *.*.2@ ,5,;5+. %+/,3 #6,*.3 POU
<2%9B
%#52SBWB2+ 42. *.*.2$N@ 5,5+. %+/,3 #6, *<9B POV
%#52SBONB*.2 3 *2.+@ 5,;5+. *%+/, 30-.* %34%,4.3<2%9 POV
%#52 SBOOB *.2 3  * .+0., ,4    * .*.2@ ;5+.   *%+/, ., %34%,4 POW
% ;HZIB
%#52 SBOPB *.2 3  * .+0., ,4    * .*.2@ ;5+.   *%+/, ., %34%,4 PPN
% ;HZIB
%#52SBOQB*.2 3 @3 #6,
5,4 2@025,;5+. *%+/,.,%" 2 ,4  PPO
% ;B
%#52 SBORB *.2 3   $5  H
5,4 2I@ 02 ;5+.   *%+/, 30-.*   %34%,4 PPO
% ;HZIB
%#52 SBOSB  *.2 3  * @ 3 #6,
5,4 2@ 02 5, ;5+.   *%+/, ., %34%,4 PPP
% ;HZI
%#52 SBOTB 5+%,.3%  * ;5+.   *%+/, 30-.* 3 #6, 35 #2.   PPQ
., ,42%/,B
5,4 2
%#52 SBOUB*.2 3     * ;5+.   *%+/, 30-.* 3 #6, 35 #2.   PPQ
., ,42%/,
%#52 SBOVB 2+ 42.    .*.2  * ;5+.   %+/, 30-.* 3 #6, 35 PPR
., ,42%/,
%#52  SBOWB 2%%/,  * 02+ 42. $ , ;5+.   *%+/,@ " 4.   PPS
., ,42%/,
%#52SBPNB2%%/, *02+ 42. .*.2J *5+. %+/, 30-.*@ , PPS
"5,%/, *., ,42%/,
%#52 SBPOB5+%,.3%  * ;5+.   *%+/, 30-.*   *3 P 72%  3 PPT
345%.3
%#52SBPPB*.2 3 *02+ 42. .*.2 *;5+. %+/, 30-.* *3P PPU
72%  3
   

%#52SBPQB*.2 3 *.+0., ,4  .*.2 ;5+. *%+/, 30-.* *3 PPV


P72%  3
%#52 SBPRB *.2 3  * .+0., ,4  $  * .*.2 , 5+.3   %+/,   *3 P PPW
72%  3 345%3
%#52SBPSB*.2 3 *2.+ *5+. %+/,@3 #6,*72%  "254 PQN
2)67,0  
%#52 TBOB 2. 3.   942%/,   %2 02.  ,4    "2%., 3  * PQR
02. 3. &42%.3B
%#52TBPB*.2 3 
 ,*3+5 3423 "%202.  ,4 3   PQU
%#52TBQBF
 *"%2 942& *2%4 5, *372%  3B PQV
%#52TBRBF
 *"%2 942& *% * 5, *372%  3B PQW
%#52TBSB
 *"%2 942& *.2  5, *372%  3B PRN
%#52TBTB
 *"%2 942& *2%4 5, *372%  3B PRO
%#52TBUB
 *"%2 942& *.24 ; *372%  3 &42%.3 PRP
345%3
%#52TBVB*.2 3 0
 ,"%23 *.2 3 #6,*72%  "254B PRQ
%#52TBWB*.2 3 0
 "%23 *2%43 #6,*72%  "254B PRR
%#52TBONB*.2 3 0
 "%23 *% *3 #6,72%  "254B PRR
2)67,0  
%#52UBOB7.*5%/, *Z  %4  3 ,%* ,* +5*3%/,52,4  942%/, PUV
,02.4.4%0.BBB
%#52UBPB7.*5%/, *Z %.&42%. ,* +5*3%/,52,4  942%/, PUV
,02.4.4%0..2 
%#52UBQB ,%+% ,4.3 ,;5+.:2 $;..4 ,%.3 , 9424.2 F%,*%,  PUW
,4 3: 305!3 *02. 3. ,02.4.4%0..2 
 








   

  
2)67,0  
*OBOB2.5%/, *%+/,0.20&3 3:54%*%;%/,B@2 3$ *HI S
*OBPB9.,.+& **%+/,B U
*OBQB4.33.2 *3 90.24%., 3:42,3".2+%/, **%+/, ,30- OR
*OBRBF.. 02.7 $+% ,4. %" 2 ,4 33502.54.3&42%.3 QV
*OBSB.,4 ,%."%,* ,#2.32%9 ,;5+.3 "254 RP
*OBTB2+ 42.3B2+ 42.3  "%,%%/,:*%B 5& *5+.  RV
%+/,B.B
*OBUB2+ 42.3B2%4 2%.302* 7*5%/, *% ,4%: SR
54 ,4%% *;5+. *%+/,B 5& *5+. %+/,B.
*OBVB2+ 42.3B+%,.%.3H+#EI SS
*OBWB*3%"%%/, *%,4 ,3% **57%3BB TQ
2)67,0  
*PBOB.,"%#52%/, 9424.2B%*.4.B TT
*PBPB 2% ,4 
 UO
*PBQB2 02%/, +5 34202,*%3%3 0 4%,3.*5* H!4.. UQ
2;.*I
*PBR $3 *+ ,+% ,4. +4 2%02%+:" $3 02. 3.  UV
*3"%23B
2)67,0  
*QBOBHZI .+05 34.3 ;5+. ,2,( ,3/*%.33.*5* 3H<2%9I WQ

 " !
*QBPB,4%:Z  *5.3@254.3:2.3 ,"254.3&42%.3 ONS
H.54$+:B@OWUNI
*QBQB,*%3%3 .+0., ,4 302%,%0* 3 ORW
*QBRB42%; .+0., ,4 32.4.3 OSO
*QBSB 15 2%+% ,4.3+&,%+.302*+.%"%%/, *3#5&32 " 2 ,% OSP
H I
*QBTB 15 2%+% ,4.3 *% ,;5+. *%+/,%2 4. OSQ
*QBUB 15 2%+% ,4.3 *% ,;5+. *%+/,%,5342%* OSR
   

*QBVB2+ 42.3 *%02* 7*5%/, *54 ,4%"%%/,: OSU


24 2%;%/, 02+ 42.3 ;5+.3 *%+/,%2 4.B
*QBWB2+ 42.3 *%02* 7*5%/, *54 ,4%"%%/,: OSV
24 2%;%/, ;5+.3 *%+/,%,5342%*B
*QBONB ,%  ".2+.*:.,4 ,%. ,+%,.%.3 ,;5+.3 *%+/, OTO
%2 4.B
*QBOOB ,%  ".2+.*:.,4 ,%. ,+%,.%.3 ,;5+.3 *%+/, OTP
%,5342%*B
2)67,0  
*RBOB<2%9;5+. *%+/, *+ 3  5,%. PNORB OTW
*RBPB<2%9;5+. *%+/,+ 3 3  5,%. *3%" 2 ,4 3+0-3 OTW
*RBQB2 %0%4%., 3+ 3  5,%. PNORB34%/,+ 4 .2.*/#% OUN
2%$5 *F 3+02.3
*RBR +0 24523+ 3  5,%. PNORB34%/,+ 4 .2.*/#%2%$5 *F OUN
 3+02.3H, 9.RBQI
*RBSB% ;4.4* ,#E* %.&42%.,$%2. ,;5+. *%+/,  5,%. OUP
 PNORB
*RBTB% ;.4*H# %.&42%.E*I;5+. *%+/, *.3+ 3 3  5,%. OUQ
 *3%" 2 ,4 3+0-3B
*RBUB%.3/2%.H+#E*I;5+. *%+/, *.3+ 3 3  5,%. *3 OUT
%" 2 ,4 3+0-3
*RBVB E* %.&42%. ,;5+. *%+/,  5,%. PNORBBH, 9.3 OUV
RBP:RBQI
*RBWB%.&42%.H#E*I;5+. *%+/, *.3+ 3 3  5,%.%" 2 ,4 3 OUV
+0-3B
*RBONB%. 3.&42%.H#E*I;5+. *%+/, 30-.*%2 4.B 5,%. *3 OVN
%" 2 ,4 3+0-3 345%3B
*RBOOB4%.&42%.E%3.&42%. ,;5+. *%+/,@+ 3 3  5,%. *3 OVN
%" 2 ,4 3+0-3B
*RBOPB%.F+*%.H#E*I ;5+. *%+/,  5,%. PNORB OVO
H, 9.3RBP:RBQI
   

*RBOQB%.F*%.H#E*I;5+. %+/,  5,%. *3%" 2 ,4 3 OVP


+0-3B
*RBORB *5.3H#E*I ;5+. *%+/,  5,%. PNORBH, 9.3RBP: OVQ
RBQI
*RBOSB *5.3H#E*I;5+. *%+/, 30-.* , 5,%. *3%" 2 ,4 3 OVQ
+0-3
*RBOTB254.3H#E*I ;5+. *%+/,  5,%. PNORB%, OVS
*RBOUB254.3H#E*I;5+. *%+/,@ 5,%. *3%" 2 ,4 3+0-3: OVS
PNOR
*RBOVB2.3H#E*I ;5+. *%+/,  5,%. PNORB%, OVT
*RBOVB2.3H#E*I ;5+. *%+/,  5,%. PNORB%, OVU
*RBPNB*%.H+#E*I ,;5+. *%+/,  5,%. PNORB OWN
*RBPOB*%.H+#E*I ,;5+. *%+/,@ 5,%. *3%" 2 ,4 3+0-3 OWO
*RBPPB#, 3%.H+#E*I ,;5+. *%+/,@ 5,%. PNORB OWP
*RBPQB#, 3%.H+#E*I ,;5+. *%+/,  5,%. *3%" 2 ,4 3 OWP
+0-3B
*RBPRB.43%.H+#E*I ,;5+. *%+/,  5,%. PNORB OWS
*RBPSB.43%.H+#E*I ,;5+. *%+/,  5,%. *3%" 2 ,4 3+0-3 OWS
*RBPTB.%.H+#E*I ,;5+. *%+/,  5,%. PNOR OWU
*RBPUB.%.H+#E*I ,;5+. *%+/,  5,%. *3%" 2 ,4 3+0-3 OWU
*RBPVB/3".2.4.4*H+#E*I ,;5+. *%+/,  5,%. PNORB OWW
*RBPWB/3".2.4.4*H+#E*I ,;5+. *%+/,@ 5,%. *3%" 2 ,4 3 PNN
+0-3
*RBQNB5*"4.3H+#E*I ,;5+. *%+/,  5,%. PNORB PNO
*RBOOB5*"4.3H+#E*I ,;5+. *%+/,@ 5,%. *3%" 2 ,4 3+0-3 PNP
*RBQPB ,%;3H#E*I ,;5+. *%+/,  5,%. PNORB PNQ
*RBQQB ,%;3H#E*I ,;5+. *%+/,@+ 3 3 (5,%. *3%" 2 ,4 3 PNQ
+0-3
*RBQRB
30 2%%,H+#E*I ,;5+. *%+/,@ (5,%. *3%" 2 ,4 3 PNT
+0-3
 
   

2)67,0  
*TBOBF ,%+% ,4.3 "%2% 4!4% ,%" 2 ,4 30.2%., 3  3 $.3 PQT
*TBPBF2+ 42.3 .*.2 "%23% 4!4% 345%3 %" 2 ,4 3 PRT
&42%.3B
*TBQBF%3.3%*SZ "%2% 4!4% PRU
*TBRBF* .,4%,# ,% + %3.4 ,%3 *3.3 27%., 3 PST
*TBSBF* 0 2 ,4%* 3 PSU
*TBTBF2%* 345*30.24 #.2&3 PSU
*TBUBF 4 2+%,%/, %+ ,3%., 3 PSV
*TBVB* 5,4%"%%., 3., 7 +.3*3..2 ,3 PSW
*TBUB42%; .,42%5%., 32 *4%73 PTN
2)67,0  
*UBOB,3:.3 02. 3. *%+/, 30-.* PUP
*UBPB 35*4.3,*&4%.3 *.3 ,3:.3 B3 ,%* PUQ
*UBQB4.3 * ,3:. 230.., *.2 02*2 50 2%/,  PUR
 %4 3 3 ,%* 3
*UBRB 35*4.3 *.3 ,3:.3 2 50 2%/,  %4 3 ,@ PUT
2. 3.%,5342%*.,4%,5.
*UBSB*.2 3  "%% ,% 2 50 2%/,  %4  3 ,%* &42%.3 , PUW
BBBB
*UBTB*.2 3  "%% ,% 2 50 2%/,  %4 3 3 ,%* 33 #6,* PUW
#2 3%7%
*UBUB%" 2 ,% ,.+0.3%%/, *#5,.3.+0., ,4 3 *.3 %4 3 PVO
3 ,%* 3 Q3%34 +3BA2 35*4.3
*UBVB.+024%7  %4 2 50 2.A%34 +2%%.,*3BBB PVP
*UBWB,4% 3 B3 ,%*2 50 2..,*.3P%" 2 ,4 33%34 +3 PVQ
 






   

  
 
2)67,0  
+# ,OBOB24 3 **%+/, V
+# ,OBPB%+/,%,. ON
+# ,OBQB%+/, 2, OO
+# ,OBRB%+/,52 ) OP
+# ,OBSB%+/,%3., OP
+# ,OBTB9424.23 ,3 2%  B.24 3&   OT
+# ,OBUB9424.2  S.03 OT
+# ,OBVB9424.2 &42%.32.8,B PQ
+# ,OBWB 2"%* * 0%**. *7.B PT
+# ,OBONB*%2 3 "254:.03 02. 3. PU
+# ,OBOOB %4  3 ,%* %+/, QQ
+# , 3OBOP:OBOQB%34 + 230. *0% * **%+/, ,+ #5B QS
B
2)67,0  
+# ,PBOB3* .*.2 3 US
+# ,PBPB 2"%42%%+ ,3%.,* *.*.2@.24 3& 
5,4 2B UT
+# ,PBQB%#2+ "*5(. *02. 3.  *.2%/, "%2% 4!4% UW
+# ,PBRB315 +.2% ,44%7.3.2 *0*%%/, *.3+!4..354%*%;.3 VN
02*02.5%/, "%2B*.2%/,02.0%
+# ,PBSB.*.2&+ 42.
 VQ
+# ,PBTB 4**   ,3+*(  %3.3 , * (  VU
 +# ,PBUB.%**. %3.3 ,5, (  * VU
+# ,PBVB.7%+% ,4. *.2  VU
+# ,PBW:PBONB.4.#2"&3 *5,%0%*.4.  ,"5,%.,+% ,4. VU
,*B%*.4. *

0&45*. 
+# ,SBOB " 2 ,% .*.202 *5+. 2,( PON
2)67,0  
+# ,TBOBF   PRW
   

+# ,TBPBF  PRW


+# ,TBQBF.2 * ,%4 *+ 2&FO PSN
+# ,TBRBF.2 * ,%4 *+ 2&FP PSN
+# ,TBSBF2%4        O PSN
+# ,TBTBF2%4* ,%4 *+ 2&FP PSN
+# ,TBUBF% ** ,%4 *+ 2&FO  PSN
+# ,TBVBF% ** ,%4 *+ 2&FP PSN
+# ,TBWBF.2 * ,%4 52%FO PSO
+# ,TBONBF.2 * ,%4 52%FP PSO
+# ,TBOOBF2%4* ,%4 52%FO PSO
+# ,TBOPBF2%4* ,%4 52%FP PSO
+# ,TBOQBF% ** ,%4 52%FO PSP
+# ,TBORBF% ** ,%4 52%FP PSP
+# ,TBOSBF.2 7 *, 4 FO  PSP
+# ,TBOTBF.2 7 *, 4 FP PSP
+# ,TBOUBF2%47 *, 4 GO  PSQ
+# ,TBOVBF2%47 *, 4 FP PSQ
+# ,TBOWBF% *7 *, 4 FO  PSQ
+# ,TBPNBF% *7 *, 4 GP PSQ
+# ,TBPOBF.2 %+/,%,.FO  PSR
+# ,TBPPBF.2 %+/,%,.FP PSR
+# ,TBPQBF2%4%+/,%,.F!4..O PSR
+# ,TBPRBF2%4%+/,%,.F!4..P PSR
+# ,TBPSBF% *%+/,%,.F!4..O  PSR
+# ,TBPTBF% *%+/,%,.F!4..P PSR
+# ,TBPUBF* . ,2,(B PSS
2)67,0  
+# ,UBOB315 + 02. 3. %+/,*3%.@02 942%/,  %4 3 PUP
3 ,%* 3@;5+.:05*0
+# ,UBPB315 + 02. 3. %+/,.,%,.20.2%/, * 15%0. PUP
@02*.04%+%;%/, *2 50 2%/,  %4 3 3 ,%* 3
   

+# ,UBQB.4.3 "254,4 3: 305!3 *03.0.2 *BBBB PUQ


+# ,UBRB942%/,  %4  3 ,%* ,%+/, 30-.*.,02.4.4%0. PUS
BBBB  
+# ,UBSB.4.#2"& %" 2 ,4 3+5 3423  %4  3 ,%*.4 ,%.., PVN
%" 2 ,4 34 ,.*.#&3
+# ,UBTB%34 +42%%.,*  942%/,  %4 3 3 ,%* 3 &42%.3 , PVP
9424.2 5+.
+# ,UBUB%34 +BBBB 2 50 2%/, B3 ,%* 3 PVQ
























   





OBJETO


  
  
 
  + *,$   !%" ) "+"*( -*"$ &$( *$  $( !+" 4

!.$(&(*)*(+*) $")+!$"()$. $)-"*)&($"*)
 $) !")",)$()5)(*$)&$( ,)+ $*!#$&($")+!$"
()$62)$"",$) "+)*(&($)$*($)4
*(")$(!%"(+*)
*() " +!$)2 ) +" "+)*( $")$  " )&# . (&()"* +" 97 <  
,$ +!"&($)$" +" *((".+"&$("*!.$(" 4
 

(*(/%" +!$
!%"" 5+ +!$
!%" 6"$
) +)*  *$$) $) &(!*($)   +!$ 
!%" )&#$  &$( $ '+ ()+ * ")($
+"*+ /%"+2)+"$ $)(*($)!$)* $)&$( 4
)* )*+$ &(*"  $"$( $) &(!*($)   +!$ 
!%" )&#$  5(*$ 
"+)*( 6  8 !&#)2 $!&(( $) *$) "*( ) . $" $) *$)   +   
&( +!$ 
!%" .  (( ) (") $" ) .4 !" &(*" -& (
)*) (") $" $) &(!*($)  !*$) . ( $"( $) " )+ )$ $"   !$
 !*$4 $"  $ ) &(*" ( /( +" (*(/%" $!& *   +!$ 
!%"
)&#$  $" *$) , $) &( !( $) &(!*($) ")($) "  +  +!$ 

!%" 4

  !%"2$)+$$)*'+)%".  ,"*&($&)
"$))'+&$)2)&()"*$!$+"&($+*$!+.*(*,$4!)2-)*+"
!& $ "$  )+&($+*$) '+ ) &$(" $*"(    $!$ /+!$2 *)
)" ).&+ &$!$&("& )4 $( $$*($*!$($" &()"**)))
$&*!/%" &($)$-*(%"+!$
!%"" "+)*()&#$ 2"
)*)"*$)"*"*(&($&$"(., +(,)&($,!"*$+&($+*$)$
$&*!/%"" (+&(%")*$)3
• *)" 
!%"4
• (
!%"4




CAPÍTULOI


"&' 

/%34)- A +31-4$.+

NA +31-4$.+

16 !)75(!16 61/ #- 35(/!(3- 7(31 "# %587 7513(!- = 68 7513(!- !8-7(:" #/ #-
.8/"1C !1/ 8/ 351.#"(1 "# 351"8!!(2/ /8- "# 8/16 TT[ .(--1/#6 "#
71/#-"6=!1/8/7#/"#/!(#:1-87(: 6"#/-7( +16#/-48#6#38#"#/
1 6#5:5 .<(.16 = .)/(.16 "# TTY = TSS .(--1/#6 "# 71/#-"6
5#63#!7(:.#/7#C 6#&9/ "716 "# !/7("" "# 351"8!!(2/C 35 #- 3#5(1"1
!1.35#/"("1#/75#-16016TF\\ZMUFSSZO M&5(!8-785#TF\\ZMUFSSZPF

16 !)75(!16 6# 15(&(/51/ '!# 8/16 US .(--1/#6 "# 016 #/ #- 68"#67#
6(7(!1F #6"# #/71/!#6 '67 '15 '/ 68%5("1 /8.#5166 .1"(%(!!(1/#6
"# ("6-6#-#!!(2//785-='( 5("!(1/#67/71/785-#6!1.1351"8!("6
315#-'1. 5#F

 "(63#56(2/ "# -16 !)75(!16 "#6"# 686 -8&5#6 "# 15(&#/ 6# "# (2
%8/".#/7-.#/7#  -16 .1:(.(#/716 .(&5715(16E !1/48(67 "# -#+/"51
&/1C#<3/6(2/"#-(6-.C!58>"6C"#6!8 5(.(#/71"#.$5(!G

16 5 #6 (/751"8+#51/ -16 )75(!16 #/ #- 5# #"(7#55/# #/75# -16
016TSSSTUSSC6(#/"1"#6!5(71#/--(7#57855 #%(/-#6"#-6(&-1 F

NANA-2%31$-2+)4+-

351"8!!(2/8/"(-"#)75(!16#67.8="(675( 8("#/-16X!1/7(/#/7#6C#/
!-(.67513(!-#6=68 7513(!-#6F1/-6%5876.6351"8!("6=.6351!#6"6
#/ #- 8/"1F #&9/ - >1/ "# 351"8!!(2/ #- "#67(/1 "# #676 %5876 #67 .6
15(#/7"1-!1/68.1#/%5#6!11-351!#6"1F5-6.6(.3157/7#6>1/6
"#351"8!!(2/.8/"(-"#)75(!16C#-35(/!(3-"#67(/1"#"(!'351"8!!(2/6#5)E

• #$+E
o /"5(/E!1/68.1#/%5#6!1C(/7#5/1F1-1V_6#351!#6F
o 5/+E!1/68.1#/%5#6!1C(/7#5/1F#/16"#-X_351!#6"F

T 
"&' 

o (.2/E!1/68.1(/7#5/1#/%5#6!1F#/16"#-U_351!#6"1F
• 12$)E
o 5/+E 51!#6" .6 "#- ZS _C 5#671 !1/68.1 #/ %5#6!1
(/7#5/1F
o (.2/=/"5(/E1/68.("#/%5#6!1%8/".#/7-.#/7#F
• )-1$E
o 5/+D 8/".#/7-.#/7#351!#6"F
o (.2/=/"5(/EXS_51!#6"1C5#671!1/68.1#/%5#6!1F
• $311+-@
o 5/+E[S_!1/68.1#/%5#6!1FUS_351!#6"F
o /"5(/E[S_!1/68.1#/%5#6!1FUS_351!#6"F
o (.2/E[S_!1/68.1#/%5#6!1FUS_351!#6"1F

15 7(31 "# %587C - 351"8!!(2/ 8/"(-C 6#&9/ #- 1.(7$ "# ((61/ "#
-I&5(!8-785#$"(7#55/$#//#?HI#6-6(&8(#/7#E

1+'@351"8!!(2/'7#/("18/"#6!#/61(.3157/7##/-169-7(.16016#/
#- 8/"1C %8/".#/7-.#/7# #/ -15(" = 56(- "# ("1  - 351-(%#5!(2/ "#
#/%#5.#""#6!1.1#-"=-6867(78!(2/"#!8-7(:16!)75(!1631517516
.6351"8!7(:16O (&FTP

$"41NANA3-2/1-4$.+9-+24*-+1+'+)*4+-AM"1$4)341HOMNRI

U 
"&' 

$*.+@351"8!!(2/8/"(-!5#!#F351"8!!(2/"#$<(!1#6-.=15#/#-
8/"1 = - 48# .6 !5#!# 6( 6# (/!-8=# - (. 31548# .8!'6 #67")67(!6
!1/6("#5/ +8/76 . 6 %5876F /"( #6 8/ 3)6 "1/"# #<(67# 7. ($/ 8/
(.3157/7#351"8!!(2/48##67#.3#>/"16#5351!#6"C68./"1-(.C
#6#-35(/!(3-351"8!7158/"(-F

$"41NAOA3-2/1-4$.+9-+24*-)$*.++)*4+-AM"1$4)341HOMNRI

+1$+@'(/#6#-.=15351"8!715.8/"(-6#&8("C"#-#+16C315630=
32/F 6 8/ %587 .8= !1/68.(" #/ %5#6!1 315 686 #63#!(-#6 !5!7#5)67(!6
!1.1 - &5/ !/7("" "# >9!5#6C !("#> .#"( O48# 3513(!( 8/ -71 57(1 1
&5"1"#."85#>C?<L_!("#>PC75!7(:1!1-15=%!(-3#-"1F



$"41NAPA3-2/1-4$.+9-+24*-*4+$)*+1$+AM"1$4)341HOMNRI

V 
"&' 

1/6("#5/"1 - 351"8!!(2/ .8/"(- "# !)75(!16C -16 3)6#6 48# .6
351"8!#/!78-.#/7#61/C15"#/"16"#.=15.#/15C'(/C56(-CFC
$+(!1C /"(=630F#67!-"(%#5#/7##:1-8!(2/"##67163)6#6C#/-1648#
6# 1 6#5: 8/ -(&#51 "#6!#/61 #/ FF = 56(-C 8/ 8.#/71 !1/6("#5 -# #/
'(/C /"(=$+(!1=8/#67 (-(""#/630O M&5(!8-785#PF

NAOA)$*.+?%31$-$311+-

67# 75 +1 6# !#/755 #/ #- 8.1 "# (.2/F - 5 1- "#- -(.2/C #-
(.1/#51 O&$'% !P #6 8/ 3-/7 .6 6#/6( -# - %5)1 = - !-15 48# -
.=15) "# -16 17516 !)75(!16 !8-7(:"16F #48(#5# 35 :#&#75 8#/ !-(. 7(31
6#.(7513(!- 1 7513(!-F / !-(.6 7513(!-#6 #- -(.1/#51 !5#!# = %58!7(%(! !1/
/15.-(""C 6(/ #. 5&1C -16 %58716 48# 351"8!# /1 7(#/#/ 8#/ !-(""
!1.#5!(- 315 6#5 "#.6("1 &58#616 = !1/ +)6(. !("#>C 315 #--1 #/ "(!'6
>1/66#35#%(#5##-!8-7(:1"#--(.O&$'%'$& PF

- !-(. .6 "#!8"1 35 #- !8-7(:1 "#- -(.1/#51 #6 #- 7(31
.#"(7#55/#1F635(/!(3-#6>1/6351"8!7156"#-.8/"1#67/-1!-(>"6#/
-6 >1/6 !167#56 "#- 685 "# -(%15/(C (!(-(C #:/7# = 685 "# 630C 685 "#

5#!(C685"#8548)C151#67#"#5&#/7(/C#7!F

 (.3157/!( "#- -(.1/#51 #6 .#/15 48# - "#- /5/+1 #/ #- 8/"1C
!1.1 !1/6#!8#/!( "# 8/ .#/15 "#./" "# !1/68.1 = 315 7#/#5 8/6
#<(&#/!(6 .=15#6 #/ 351"8!!(2/ 5#-!(1/"6 !1/ !-(. = 68#-1C 35 31"#5
67(6%!#58/16/(:#-#6"#!-(""=351"8!7(:("""#!8"16F

NAOANA1-4$.+$*.++)1$311+

 !8#/! #"(7#55/# #6 8/1 "# -16 .=15#6 351"8!715#6 8/"(-#6 "#
)75(!16C(/!-8("1#-(.2/F6351"8!!(1/#66#!1/!#/75/#/630C8548)=
(!(-(C%8/".#/7-.#/7#F/630# 7-(6#!1/!#/75"#.6&5/357#"#
- /"8675("#351!#6"1"#-(.2/C5#8/(#/"1-351"8!!(2/"#-16"#5(:"16"#
#67#C8/5#387"!-(""(/7#5/!(1/-F169-7(.16016#67/6831/(#/"18/
5#-/>.(#/71 "# - (/"8675( "# 351!#6"1 "# (.2/ #/ - >1/ #"(7#55/#

W 
"&' 

315 #- 8.#/71 "# - "#./"C #- (/!5#.#/71 "# -16 35#!(16 "# .#5!"1 = #-
8.#/71"#-!-("""#686"#5(:"16F

/-&5%(!O (&FWP6#.8#675/-6351"8!!(1/#6.6(.3157/7#6"#(.2/#/
"(%#5#/7#63)6#6"#-8/"1C"1/"#:#.1648#-357(!(3!(2/315!#/78-"#-
!8#/!#"(7#55/##6.8=(.3157/7#C.6"#-XS_F

 

$"41NAQA1-4$.+)$*.+/-1/%22A?12#)HI

- "#6&-16# "# #67 351"8!!(2/ "# (.2/ #/ -16 "(%#5#/7#6 3)6#6 "# - !8#/!
#"(7#55/#C 5#%-#+"1 #/ - 7 - 6(&8(#/7# O - TPC .8#675 "#.6 -
87(-(>!(2/ "# "(!' 351"8!!(2/F  6#5:/"1 #/ "#7--# - 351"8!!(2/
#"(7#55/#"#(.2/C:#.1648##/6306#351"8!#.6"#TLV"#-717-
"#-!8#/!F

 3)9H3I /$+H3I A!1$H3I 41(9H3I H3I 1"+3$+H3I H3I


12-JJ V[WCY Y\WCY T[WC\ ZYUCZ XV[CZ UZWCS OAUPV?R

1-2- \SC\ UWSCS YVCY U[CS UZWCS \WUCS NASPU?R

1-4$.+ QTR?R VPQ?S OQU?R TVM?T UNO?T NAONS?M QAQTU?M

)NANA1-4$.+)$*.+/-1/%22943$)$:$.+A?12#)HI

X 
"&' 

NAOAOA 1-4$.+$*.++2/,

630C 3)6 #"(7#55/#1 #8513#1C #6 8/1 "# -16 "(#> 3)6#6 48# .6
-(.1/#6 351"8!#/ #/ #- 8/"1C !1/ [SSFSSS M TFUSSFSSS 71/#-"6 /8-#6
O 1677M&5(!8-785#PO (&FXPF630#6C"#.6C#-3)6#<3157"15"#(.2/C
!1.1%587%5#6!C.6(.3157/7##/#-8/"1=7. ($/8/1"#-16.=15#6
351!#6"15#6 "# #67 %587 #/ 8.1C !#(7# #6#/!(-C 8-3C #7!F - -(.2/
351!#6"1#/-(/"8675(#6301-5#35#6#/78/TX_"#-351"8!!(2/8/"(-
O (&F YPF <(67# 8/ (.3157/7# /9.#51 "# 3-/76 "# 351!#6"1 "# (.2/C
-1!-(>"6 #/ 85!( = -#/!(C !1/ 7#!/1-1&) .8= :/>" 48# 1 7(#/#/
"(%#5#/7#6 "#5(:"16 "# #67#F  (.3157/!( "# #67 351"8!!(2/ '!# 48# -
!5!7#5(>!(2/ "# -16 "#5(:"16 "#- (.2/ #6301-C 6# 8/ 5#%#5#/!( #/ -
#- 15!(2/"#-16#67/"5#6!8-(77(:168/"(-#6F-8.1"#-(.2/#6301-
'"#!1/75( 8(5C"#%15."#!(6(:C-!5!7#5(>!(2/"##67##/-6
8)6"#
 O61!(!(2/"#- /"8675("#8.16=$!75#6"#8513PF

 

$"41NARA1-4$.+)$*.++)-2/%22 $"41 NASA 1$+$/)2 /%22 /1-2-12


)*$311+-A?12#)HI )$*.++)*4+-A?12#)HI

/-169-7(.16016-1635#!(16"#-%587C-"#./""#"#5(:"16"#-
(.2/C 6# ' (/!5#.#/7"1 /17 -#.#/7# 315 -16 351 -#.6 "# 351"8!!(2/
' ("16#/5&#/7(/#/-6V9-7(.6!.306F

 351"8!!(2/ "# -(.1/#6 #/ 630 6# !#/75 6(!.#/7# #/ 75#6
1.8/(""#6872/1.6F35(.#5#/(.3157/!(#685!(!1/8/XS_"#-
351"8!!(2/C 6#&8("1 "# - 1.8/("" -#/!(/ !1/ 8/ VU_C 8/ TZ_ 35

Y 
"&' 

/"-8!)=#-T_5#67/7#3517561.8/(""#6!1.17-80167(--
/!'F

- #5:(!(1 "# 678"(16 &55(16 = 1.8/(75(16 ' #- 15"1 8/
#67(.!(2/ 61 5# - 351"8!!(2/ #6301- "# !)75(!16 = 8&85 48# !1/7(/85
!5#!(#/"1 -(&#5.#/7# #/ -16 352<(.16 US 016 = 6# "(:#56(%(!5 #67 !1/ #-
1 +#7(:1"#!8 5(58/.=153#5(1"1/8-"#351"8!!(2/%8/".#/7-.#/7#F

NAOAPA 1$+$/)261$2$*.++2/,

17/(!.#/7#C -16 !)75(!16 = #/ !1/!5#71 #- -(.2/C 3#57#/#!#/  -


%.(-( "# -6 87!#6C "#- 15"#/
#5/(-#6 O - UPF # !8#5"1 - 6(67#.
.15%1-2&(!1 #67 -#!("1 315 /, O/,C T\Y\PC #- -(.2/ 6# !-6(%(! !1.1
&$'%!F

3"-1%38-+.*$ $*.+
5"#/ $%
8 15"#/ $
.(-( '&
8 %.(-( '$& 
5( 8 &$
8 75( 8 &$

$/#51 &$'%
8 &$/#51 '&$'%
63#!(# &$'%!

)NAOA8-+-*%))$*.+

!1/67(78!(2/"#-%587C"#6"##-38/71"#:(67"#-351!#6"1C7(#/#U357#6
%8/".#/7-#6E

TF 157#>1357##<7#5(15C!1/67(78("315"167#+("16"(%#5#/7#6C#-%-:#"1
O#3(!53(1P=#-- #"1O.#61!53(1P
UF -#/"1!53(1!155#631/"#-357#(/7#5(15!#/75-"#-%5871F

Z 
"&' 

-%-:#"1C#/-5#&(2/68 #3("$5.(!!1/7(#/#!51.13-6716C48#!1/%(#5#/-
%587 -16 !1-15#6 :#5"# 1 .5(--1C = /8.#5166 &-/"8-6 --#/6 "# !#(7#6
#6#/!(-#6 51.7(!16F - - #"1 1 .#61!53(1 #67 %15."1 315 !36
#631/+166 "# !$-8-6 35#/48(.7(!6 5(!6 #/ 3#!7(/F  38-3 (/7#5/ 1
#/"1!53(1 #67 %15."1 315 6#&.#/716 1 &+16 O!53#-16P "(675( 8("16
-5#"#"15"#8//9!-#1 -/"1=!1/6(67#/7#48#%15.#-#+#!#/75-"#-%587F
" 6#&.#/71 #67 5#!8 (#571 "# 8/ "#-&" .#. 5/ !53#-5 --."
%"&'C = #67 --#/1 "# :#6)!8-6 "# >8.1C "# -6 48# 6# #<75# #- >8.1F 16
6#&.#/716!1/7(#/#/6#.(--66(78"6!#5!"#-/9!-#1O
(55"=>>CUSSSPF

*"+NANA132))$*.+

.=15)"#-6:5(#""#6"#-(.2/'/685&("1!1.1.87!(1/#6&#/$7(!6
/785-#6 #67 -#6F 671 6# "# #  48# -16 !)75(!16 6# '( 5("/ "# .1"1

[ 
"&' 

#631/7/#1!1/ 67/7#%!(-(""(/!-861#/75#"(%#5#/7#6&$/#516O$5#>M$5#>
&FCUSSXPF

--(.1/#51O&$'%!P#6-7#5!#5#63#!(#"#!)75(!16#/(.3157/!(#/#-
.8/"1"#638$6"#-/5/+1=./"5(/1F

6:5(#""#6#6301-6872!71/6J (/1K=J#5/K5#35#6#/7/.6"#-\X_
"#-717-"#-683#5%(!(#"#!8-7(:1"##67%587#//8#67513)6F683#5%(!(#"#
!8-7(:1 = 351"8!!(2/ "# -(.2/ J (/1K : #/ 8.#/71 O35(/!(3-.#/7# !1/ 3(#
!513'=--PC"# ("135(/!(3-.#/7#-6 8#/6!17(>!(1/#648#'7#/("1#/
-16 9-7(.16 016 #- -(.2/ 7#.35/1 O6#37(#. 5#M1!78 5#P = 68 .=15
351"8!7(:(""F16&5(!8-715#6#67/"#.65#-(>/"13-/7!(1/#6"#/8#:6
6#-#!!(1/#648#3#5.(7#/5#!1-#!!(1/#6.67#.35/6=351"8!7(:6F

- 8.#/71 "# - 683#5%(!(# "#"(!" - !8-7(:1 "#- -(.1/#51C ' 36"1 "#
WSFSSS #/-"$!""#-16\S.6"#XSFSSS#/-169-7(.167(#.316F

NAOAPANA$*.+$+-

 51  -#.#/7#"#5(:"#--(.2/7(31 (C351!#"#/7#"#-#&-7


"#- #&85F 6 - 35(.#5 :5(#"" #/ (.3157/!( "# 630C !1/ 8/ ZS _
351<(."1 "# - 351"8!!(2/F -15#!# !1/ (/7#/6("" 8/ :#> - 01C
/15.-.#/7# #/75# - 35(.#5 .(7" "#  5(- = 35(.#516 "# .=1F  %-15!(2/
"#- -(.2/   #6 3167#5(15  - "#- -(.2/ $ = "85/7# 8/ 3#5(1"1 .6
5#"8!("1F. ($/#<(67#8/6#&8/"%-15!(2/"#:#5/1OJ51"5#+16KPC$67#6
.8= #6!6F 16 %58716 "# #67 %-15!(2/ 61/ .8!'1 .6 &58#616 48# -16 "# -
!16#!' /15.-F  5#!1-#!!(2/ "# %58716 "# J!16#!'K 6# (/(!(  35(.#516 "#
1!78 5# = 6# 351-1/& '67 %# 5#51M.5>1F 16 35(.#516 %58716 -!/>/ -76
!17(>!(1/#6#/-16.#5!"16(/7#5/!(1/-#6"# ("1-%-7"#351"8!!(2/#/
-163)6#6!1.3#7("15#6C"#')#-(/7#5$6"#1 7#/#5351"8!!(1/#635#!1!#6"#
#67:5(#""F

\ 
"&' 

 
    *"+NAOA$*.+$+-

 6'1+6"#--(.1/#51 61/.6-5&6=/!'648#-6"#-(.1/#51
$F16%58716#67/.#+15!1/%15."16#/&#/#5-48#-16"#- $-!1/-
3(#- .6 -(6 = %(/F 8 %15. :5) "# #6%$5(!  1:-" = 68 ..#-2/ #6
38/7(&8"1 = 3#48#01F / - (/6#5!(2/ "#- %5871 - 3#"9/!8-1C - 6# /1
35#6#/7 !8#--1F - 7.01 "#- %5871 #6 .#"(/1 = - !157#> "#-&"F - (.2/
 7(#/#8/-71!1/7#/("1#/>8.1=#-#:"!("#>C35.#751"#5#%#5#/!(
#/ - !-("" "#- 8.1 "# #67 %587F 6 8/ :5(#"" .8= 35#!(" 315 -
(/"8675("#-16"#5(:"16"#&5(16315#-"71/7#5(15F-%5871#/#-5 1-7(#/#
.#/15 !1/6#5:!(2/ 48# #- $ = #6 .#/16 5#6(67#/7# - 75/63157#F 
.1"#5/(>!(2/ "# -16 6(67#.6 %5(&15)%(!16C ./(38-!(2/ = 75/63157# #67
'!(#/"148##67:5(#""7#/&!":#>.6"#./"#/#-.#5!"1=#67
'!(#/"148#-683#5%(!(#!8-7(:"!1/7(/9#8.#/7/"1F

NAOAPAOA$*.+1+

 815(&#/#6"#6!1/1!("1C351  -#.#/7#351!#"#"#-6(/751"8!!(1/#6
"# -(.1/#6 (7-(/16 7(31   #/ - '8#57 #6301-F 6 - 6#&8/"
:5(#""#/(.3157/!(#/630C!1/8/UX_351<(."1"#-351"8!!(2/C=
-48(/7"#-.8/"1"#638$6"#'$-% - * F. ($/6#
!8-7(:#/5&#-(=558#!16F65#M%-15#!(#/7#C!1/.=151.#/15(/7#/6(""C
6#&9/ - !-(.71-1&) "#- -8&5 "1/"# 6# #/!8#/75 = -6 7$!/(!6 !8-785-#6F 
%-15!(2/35(/!(3-48#"-8&5-16%58716--."16"#!16#!'C#6.8="(-7"
= 6# #<7(#/"# "#6"# .5>1 '67 &1671C "#3#/"(#/"1 "# - !-(.71-1&)C

TS 
"&' 

-1!-(>!(2/ = #67"1 %(6(1-2&(!1 "# -16 5 1-#6F - (/(!(1 "# - %-15!(2/ 48# 6#
351"8!##/#-.#6"#.5>1#6.8=-#/71C"# ("148#-67#.3#57856C9/
+6 "# "(!' $31!C 5#756/ - #:1-8!(2/ "# -16 171/#6 %-15-#6F 1/ #-
8.#/71"#-7#.3#5785-16.#6#6"# 5(-==1C"(!'#:1-8!(2/#6.6
53("C"/"16##/71/!#6#-3#5(1"1"#.<(.%-15!(2/F/!8-48(#5"#-16
!616C "#6"# - 35(!(2/ "# -6 35(.#56 %-15#6 '67 -6 9-7(.6C 38#"#/
75/6!855(5"#8/1"16.#6#6C315-148##-"#6551--1"#-16%5871648#"/
15(&#/8/6=1756#6.8="#6(&8-F

 
    *"+NAPA$*.+1+

16 %58716 "# !16#!' 6# 5#!1-#!7/ "# %15. #6!-1/" (/(!(/"16# $67 #/
%# 5#51=%(/-(>/"16##/&1671F

/ &1671 M #37(#. 5# 7(#/# -8&5 175 %-15!(2/C !8=16 %58716 6#
"#/1.(// %' % = 6# 5#!1-#!7/ #/ #- :#5/1 "#- 01 6(&8(#/7#F (!'16
%587167(#/#/-3(#-.6%(/48#-16"#!16#!'C61/.65#"1/"#"16=7(#/#/
8/!1-15!(2/:#5"#3-("F

NAOAPAPA31261$2$*.+

  7#5!#5 :5(#"" 315 (.3157/!( #/ 630  #6 #- 41(F 6 -
:5(#"" .6 (.3157/7# "# -(%15/( OZX_ "# -6 3-/7!(1/#6P = - 35(.#5
:5(#"""#-.8/"1F#!8-7(:C"#.6"##/-(%15/(C#/8"%5(!C5&#/7(/

TT 
"&' 

# 65#-F -15#!# !1/ .=15 1 .#/15 (/7#/6("" 6#&9/ #- -8&5 "1/"# 6#
#/!8#/75#F

*"+NAQA$*.+41(

8%5871#6"#7.01.#"(/1C"#%15.#-)37(!81 -1/&C15"(/5(.#/7#!1/
!8#--1 3#48#01 #/ - 6#C ..#-2/ 3(!- "#-&"1 = "# -1/&(78" :5( -#C
%5#!8#/7#.#/7# !(5!8/""1 315 8/ 685!1 85#1-5F 16## 38-3 "# !1-15 :#5"#
.5(--#/71C7(#5/=+8&16C=6 15.8=!("1F8351"8!!(2/#67"(675( 8("
-1-5&1"#71"1#-01C35(/!(3-.#/7#-%(/-"#(/:(#5/1C35(.:#5=35(/!(3(16
"#:#5/1F

 75 :5(#"" (.3157/7# #6 #- $2-+F # 15(&#/ 351  -# 1578&8$6C
"#5(:"1"#8/63-/76"#6#.(--"#--(.2/J
--#&1KC"##67:5(#""#<(67#/
#/5&#-(C558#!16=1578&-61/"(%)!(-#6"#"(67(/&8(5"#--(.1/#51J(6 1/KF

*"+NARA$*.+$2-+

-&5/:(&15C5867(!(""=--7351"8!7(:("""#(6 1/C'!#/48#6#
8/ "# -6 :5(#""#6 .6 3138-5#6F 85#, #6 #- 35(/!(3- 5(:- .8/"(- "# -
:5(#"" (6 1/ 61 5# 71"1 !8/"1 6# 757 "# >1/6 !167#56F # ("1  68
.=15351"8!7(:(""#67"#63->/"1-85#,#/-(%15/(F

TU 
"&' 

 15 9-7(.1C **$+))- #6 - :5(#"" (7-(/ .6 /7(&8 = "# .=15
(.3157/!(#/ 7-(!1/8/YS_"#-351"8!!(2/#/"(!'13)6F#!5!7#5(>
31568.5!"5#M%-15#6!#/!(F

NAPA ))$*.+$+4231$)$:-

(/"8675("#351!#6"1"#(.2/#67#/%1!"%8/".#/7-.#/7#-
1 7#/!(2/"#8/16351"8!716"#.#5!"1.8=#63#!)%(!16E8.1C!#(7##6#/!(-
= 8-3 61/ 351"8!716 !1.#5!(-.#/7# !1/61-(""16 = !1/ 8/ "#./"
!5#!(#/7#F168616"##6716351"8!71661/"(:#56167/71#/-(.#/7!(2/!1.1
#/ !16.$7(! # (/"8675(F 7516  !1.31/#/7#6 #/ - %587 61/ 5#!83#5"16 "#
8/./#5.6(55#&8-5C!1.1-63#!7(/635#6#/7#6#/-!157#>C#7!F

- #678"(1 "# -16 !1.31/#/7#6 %(6(1-2&(!.#/7# !7(:16 "#- -(.2/ = 68
!1/75( 8!(2/  - 6-8" '8./ #6 8/ !.31 "# (/:#67(&!(2/ !5#!(#/7#F # '
!1.351 "1 48# -16 351"8!716 "#5(:"16 "#- -(.2/ !1/7(#/#/ /8.#51616
!1.31/#/7#6 48# 6(5:#/ 35 - 35#:#/!(2/ 1 757.(#/71 "# #/%#5.#""#6 =
35#-./7#/(.(#/71"#-6-8"O
(55"=>>CUSSSPC!1.1'/%(5."1
-1-5&1"#-'(6715(3#561/+#6!1.1(5&(-(1C
-#/1=:(!#/OFFCT\ZTPF
- -(.2/ #6 8/ 5(! %8#/7# "# /875(#/7#6 !1.1 %-:1/1("#6C !("1 !)75(!1C
:(7.(/=.(/#5-#6F5"(!(1/-.#/7#C-63513(#""#66-8" -#6"#--(.2/
6# '/ 75( 8("1  68 -71 !1/7#/("1 #/ :(7.(/ C 3#51 5#!(#/7#.#/7# 6# '
.1675"1 48# -16 %-:1/1("#6 38#"#/ 7#/#5 (.3157/7#6 3513(#""#6
/7(1<("/7#6 = /7( !5!(/1&$/(!6 O
1/>-#>M1-(/ & .C USS[PF = .8!'16
.6 #678"(16 #/ .5!' 48# 31"5/ "5 8/ :(6(2/ .6 !1.3-#7 61 5# -6
3513(#""#6"##67%587=68613!(1/#6"#87(-(>!(2/F

NAPANA3-22-1)$*.+$+4231$)$:-

-#!5#75("1"#-1.(6(2/"# /"8675("#-C#.(7#(/%15.#6#/
-1648#%(&85/-16"716!155#631/"(#/7#6-(/"8675(-(>!(2/"#-1635(/!(3-#6
!)75(!16F / "(!'16 (/%15.#6 :#.16 - !/7("" "# (.2/ "#"(!"  -
(/"8675(-(>!(2/=#-315!#/7+#48#5#35#6#/761 5##-717-351"8!("1F)P
9$"ATA
TV 
"&' 

 */, */, */, */, $


NMFNNH("I NNFNOH("I NOFNPH("I NPFNQH("I H("I
8/-13$.+ WVTFS\W W[XFSWS W[VFTS[ XU\FTSS W[UFS[X

8/-13$.+ VXFTXT WWF\\U VXFXUV XWF\U\ WUFYW[
!41
-+24*- TVYF[SS TVYF[SS TVYF[SS TVYF[SS TVYF[SS
$+31+-
 1$2 VSFTXU VVFVWU VUFZZU VYFSWT VVFSZZ
1-2- VSVFXSU UZZFS\T TWUFS\Z UVZFU[S UV\F\\U
 \VYFZSS \ZZFUYW [VSFU\[ \\WFTXT \VWFYSV

)NAPA3-22-1)28/-13$-+2931+2!-1*$.+))$*.++2/,



PROCESSING
26%

LOSSES EXP. E.U.


3% 52%

DOMESTIC
15%

EXP. NON E.U.


4%

$"41NATA$231$4$.+/-1+34))/1-4$.+)$*.++2/,H?OMNQI

630 #6 #- 35(.#5 3)6 #/ (.3157/!( #/ 351!#6"1 "# )75(!16 #/ #-
#"(7#55/#1F-351!#6"1(/"8675(-"#(.2//8-#/630#6"#TXSFSSSN
VSSFSSS 1/#-"6 OTX N VS _ "# - 351"8!!(2/PC #6 #- 7#5!#5 !)75(!1 #/
(.3157/!( #/ 351!#6"1F 7516 3)6#6 #"(7#55/#16 7. ($/ 351!#6/
(.3157/7#6!/7(""#6"#(.2/O 7-(P=!5#!(#/7#O8548)=&(371PF

1.16#'!1.#/7"1/7#5(15.#/7#C#-35(/!(3-861"#-16-(.1/#6#6
#- !1/68.1 #/ %5#6!1C 3#51 '= 8/ &5/ 315!#/7+# 48# /1 6# 38#"# !1/68.(5

TW 
"&' 

3155>1/#6"#.#5!"1C#67$7(!61"#7.01C148#"(5#!7.#/7#6#87(-(>
35 17516 !.316F - 351!#6"1 (/"8675(- "#- -(.2/ 35 - 1 7#/!(2/ "#
8.16C !#(7#6 #6#/!(-#6 8 17516 "#5(:"16C 7(#/# &5/ 3#61 !1/ 5#63#!71  -
351"8!!(2/717-C!1.16#:##/#-

 1.1 6# 1 6#5:C #- 315!#/7+# "# %587 "#67(/"  75/6%15.!(2/ 6#
6(79 -5#"#"15 "#- UX _ #/ - 9-7(. "$!"C #6 "#!(5C 48# 351<(.".#/7#
8/1 "# !" !8751 -(.1/#6 48# 6# 5#!1-#!7 6# 87(-(> 35 - (/"8675( "#
#<75!!(2/F

NAPAOA +-)-"%21-2-)$*.+

%!'$ "' #/-  USTULTUL


 "#T\"# 5(-"#USTU315-48#6#
.1"(%(!-(5#!7(:USSTLTTUL"#-1/6#+15#-7(:-16>8.16"#%5876=
17516351"8!7166(.(-5#6"#67(/"16--(.#/7!(2/'8./D

/"$ '& %'%"&$&!-"$  $& - & 


"$&$%"$&% %&%$'&%%%*'$%-$%%  %$)%
" $$$$!  !-' )$%%"%+%-#'" %
  $-$ *% $$&$%& %$'&#'"$ 0

 " $ $ $" $$  +'   $ -  "'" * % '% & %
" $ % %% %"$ " %#'"$ %%"$'&.

##$"#+)%!"""!.
 %&&-
+' " $ &$%"$&$$'& &$ .

67 "#%(/(!(2/ +8/71 !1/ #- 5&8.#/71 "# 48# - #<75!!(2/ ' "# 6#5
.#!/(!C-(.(7-7#!/1-1&)3-(!5#/#-351!#6"1"##676%5876F

!78-.#/7#C61/"16-635(/!(3-#67#!/1-1&)687(-(>"6#/-#<75!!(2/
"# 8.16 )75(!16 315 -6 (/"8675(6 "# 351!#6"1C -16 #<75!715#6  = -16
51;/F

NAPAOANA $23*831$.+%31$-2 D


E

TX 
"&' 

67# 6(67#. "# #<75!!(2/C %8# "#/1.(/"1 J 0 "# ("1  -
"(6316(!(2/#/6#5(#"#-6!136#<75!71566(78"6-1-5&1"#8/-)/#"#
-(.#/7!(2/F-6(67#.!78-%8/!(1/!1/-.(6.%(-161%)"#6"#-16016YS
"#-6(&-1C!1/-6!78-(>!(1/#67#!/1-2&(!6!155#631/"(#/7#6F

67# (67#. "# #<75!!(2/  #6 87(-(>"1 35 ./"5(/6C /5/+6C


7/&#-16C -(.1/#6C -(.6 = 31.#-16F - #<75!715  J / -(/#K #6 8/ "# -6
7#!/1-1&)6 .6 87(-(>"6 #/ #- .8/"1F /75# #- ZX M [S _ "# -6 (/"8675(6 "#
#<75!!(2/"#8.1)75(!1"#-8/"187(-(>/#677#!/1-1&)"##<75!!(2/F




*"+ NGSA 8313-12 + 21$ A -132% *"+ NATA 8313-1   R !136F
 


8313-1 A

1/67"#75#61!'1! #>-#6C6#&9/#-7.01"#-%587351!#65C
!"  8/1 %15."1 315 8/ 35 "# !136C 683#5(15 # (/%#5(15C !1.30" "#
17516 !1.31/#/7#6 48# !1/6(&8#/ - !1.3-#7 #<75!!(2/ "#- )75(!1F /
#<75!715 "#!(/!1! #>-#6C38#"#351!#65#/75#XSS=XZX3(#>6"#%587
315.(/8716#&9/-:#-1!("""##67#F

TY 
"&' 

 FiguraNAUA-*/-++32831$.+ A-132% 

-35(/!(3(1"#%8/!(1/.(#/71C6# 6#/-6#35!(2/(/67/7/#"#-
8.1 351!#"#/7# "#- #/"1!53(1C "#- 5#671 "# -16 !1/67(78=#/7#6 "# - %587
O157#>C .#. 5/C 6#.(--6C #7!P 48#C "# 3#5./#!#5 "#.6("1 7(#.31 #/
!1/7!71!1/#->8.1C38#"#/7#/#58/(/%-8#/!(":#5635-!-(""%(/-
"# #67#F  #<75!!(2/ 53(" OSFYY 6#&8/"16C 67/"5"P #:(75 48# 36#/C -
>8.1C6867/!(6351!#"#/7#6"#-66#.(--6C.#. 5/6=!157#>48#38#"#/
351"8!(5 .5&15 = 6 15#6 #<75016F # 1 7(#/# 8/ >8.1 "# &5/ !-(""F 6
.8= (.3157/7#  35 - #%(!(#/!( "# - #<75!!(2/ = - !-("" "#- 8.1
#<75)"1C -6 13#5!(1/#6 35#-(.(/5#6 "# 6#-#!!(2/C -:"1 = !-( 5!(2/ "# -
%5873157.016F

-351!#61"##<75!!(2/!1/67"#!8751#736"#6!5(76!1/7(/8!(2/

3/N

%587C35#:(.#/7#!-( 5"3157.016C--#&-#<75!71575:$6"#
8/!(/775/63157"15=6#316(!(1/871.7(!.#/7##/-!13(/%#5(15F

TZ 
"&' 

3/O

!13683#5(156#"#63->'!(-(/%#5(15C351:1!/"18/35#6(2/#/
- %587 "# %15. 48# -6 !8!'(--6C 683#5(15 # (/%#5(15C !1.(#/>/  !1575 -16
#<75#.16683#5(15#(/%#5(15"#-%5871F-"(6#01"#-6!1363#5.(7#48##-%5871
48#"# 3#5%#!7.#/7# 68+#71C !1/6(&8(#/"1 8/ #<75!!(2/ 8/(%15.# "85/7#
71"1#-351!#61F

/#67#73C!8/"1-%587"137#-3#5%(-"#-6U!136#/75#->"6
="# ("1-35#6(2/C-6&-/"8-648#!1/7(#/#/#-!#(7##6#/!(-C6(78"6#/
#- -:#"1C #67--/ = -( #5/ #67# !#(7#F / 38-:#5(>!(2/ "# &8 "#6"# -
!13 683#5(15C 55675 #67# !#(7#  75:$6 "#- 38#/7# = -1 6#35 "#- 5#671F
8/71!1/-#.8-6(2/!#(7#N&8C'=3#48#06357)!8-6"#!157#>48#6#
55675/F

3/P

-8.#/71"#35#6(2/61 5#-%587'!#48##-#/"1!53(1CO>8.1C38-3C
.#. 5/6=6#.(--6P36#C75:$6"#-!157"15(/%#5(15C-!(-(/"517.(>"151
78 1 %(-751F - .(6.1 7(#.31C - !157#> !1.(#/>  6-(5 315 - 357# 683#5(15C
#/75#-!13=-!8!'(--F

3/Q

/:#>%(/-(>"-#<75!!(2/C-6315!(1/#6(/7#5(15#6"#-!)75(!16#'--/
-1!-(>"6#/#-(/7#5(15"#-78 1%(-751F/#67#.1.#/71C#-78 1"#15(%(!(16#
"#63->C#/#-(/7#5(15"#-78 1%(-751C'!(55( 35#6(1//"1#-!1/7#/("1"#-
78 1 %(-751C 351:1!/"1 48# #- >8.1 = - 38-3 36#/  75:$6 "# -6
3#5%15!(1/#6 "#- 78 1 %(-751C "#316(7/"16# #/ #- !1-#!715 "# >8.1F 6 357#6
"#- %5871 "# .=15 7.01C 48# /1 38#"#/ 75:#65 #- 7.(>C +8/71  -16 "16
5#"1/"#-#6 "# !157#>C !157"16 #/ - #73 U 35 %!(-(75 - #<75!!(2/C  61/
"#6!5&"63158/15(%(!(1#/#-(/7#5(15"#-78 1"#15(%(!(113(672/=#:!8"6
6#35".#/7# O15#PF  !157#> 36  75:$6 "# - 6#35!(2/ #/75# #-

T[ 
"&' 

!157"15 683#5(15 = - !13 683#5(15C 315 - 357# 683#5(15 "# - #<75!715C
"#316(7/"16##/8/715/(--16(/%)/1#/8/!1-#!715F

NOPQ

   

  
$"41NAVA3/2)/1-2-831$.+%31$-+3+-)-"% $+)$+

 <(67#/ "(%#5#/7#6 !1/%(&85!(1/#6 316( -#6 35 -6 #<75!7156 C


"#3#/"(#/"1"#-7.01"#%587351!#65="#-!-("""#8.118-3
1 7#/#5#/#-351!#61F613!(1/#6.6!1.8/#661/E

F 587 "# 7.01 (/%#5(15  YS .. "# "(.#751E 136 "# UK VL[K #/
5#.(8.O P=67/"5"OPF
F 587"#7.01YSNZX.."#"(.#751E!136"#VK C=  F
!F 587 "# 7.01 ZX N TS[ .. "# "(.#751E !136 "# WK 5#.(8. =
7/"5"F

6 !1/%(&85!(1/#6  1 7(#/#/ .<(.1 5#/"(.(#/71 = !-("" #67/"5C


("#-#6 35 8.1 48# 3167#5(15.#/7# :  6#5 !1/!#/75"1F 8 "(%#5#/!(
35(/!(3-5#63#!71-16!1.31/#/7#65#.(8.#6#-7.01"#-!157#"#!157#>
35-#<75!!(2/48#!1/"(!(1/#-!1/7#/("1#/!#(7##6#/!(-"#-8.1F

T\ 
"&' 

6 !1/%(&85!(1/#6 5#.(8. O PC !1/6(&8#/ 8/ .#+15 !-("" "# 8.1
O#/15 !1/7#/("1 #/ !#(7# #6#/!(-C 6 15 .#/16 675(/&#/7#GP  !167C #/
-&9/!61"#8/.#/155#/"(.(#/71OTMV_(/%#5(15PF

)+3/1-2- 

/-%(&85:#.16-635(/!(3-#6#736"#-351!#61"#351!#6"1"#!)75(!16F

Extraction Room

8313-12 6-!143
)$.+
9)-+2 )$1-

$+$2#12

$+3)$*+3$.+

 4*-Z4)/ )6-1


4*-$)31-

$"41NANMA3/2!4+*+3)2)/1-2-%31$-2-+)2$3* 

+$*$+3-

-5#/"(.(#/71"##<75!!(2/"#3#/"#"#-:5(#"""#%587351!#6"C#67"1
"#."85#>C7(#.31"#-.!#/.(#/71C!1/%(&85!(2/"#-#<75!715C#7!F#
.("##/_5#63#!71%587E

Y+$*$+3-[H"4*-/1-4$-F"143/1-2I8NMM

US 
"&' 

$"41NANNA+$*$+3-23$/-831$.+$*.+2/,-)A-132% 

/#-&5%(!16#.8#675/5#/"(.(#/716"##<75!!(2/#/(.2/C5#-(>"16#/-
-/7(-171"#)75(!16"# C"##87)F85!(F#35#!(/"(%#5#/!(6#/-6
"(%#5#/7#6%5!!(1/#6"##<75!!(2/C6#&9/#-7(31"#!1/%(&85!(2/87(-(>"#/-
#<75!715C-351!#65(.2/"#-.(6.1-17#C7.01=!5!7#5)67(!6F

"%$#($" -  

6"(%#5#/7#6%5!!(1/#61 7#/("6#/#-351!#61"##<75!!(2/C6#35".#/7#E

UT 
"&' 

$"41NANOA1$-+2-3+$2+)/1-2-)$*.+A 

NAPAOAOA $23*831$.+%31$-21-7+

16 #<75!715#6 )75(!16 7(31 51;/ 61/ .6 !1.8/#6 #/ FC 56(- =
5&#/7(/48##/#-#"(7#55/#116(F<(67#/:5(16.1"#-16"##<75!715#6
"# >8.1 51;/C  !1/ #- .(6.1 35(/!(3(1 "# %8/!(1/.(#/71F 16 .1"#-16 .6
!1.8/#6(/67-"16CWSS=ZUS351"8!#/>8.16"# 8#/!-(""F/-&9/!61
38#"#6#5/#!#65(187(-(>58/#<75!715"#!#(7#51;/35#:(1C355#"8!(5#-
!1/7#/("1 "# !#(7#C #/ - %587 /7#6 "# - #<75!!(2/ "#- 8.1C 35 6)
!1/6#&8(5 /(:#-#6 +16 #/ #67#F - .1"#-1 ZUS 38#"# 351!#65
351<(.".#/7#ZSS3(#>6"#%587315.(/871C.(#/75648##-.1"#-1WSS
351!#6351<(.".#/7#VXS3(#>6"#%587315.(/871F

751 .1"#-1C #- TTSSC 3#5.(7# 87(-(>5 75#6 -)/#6 "# 351!#6"1 "# %587
35-#-6=38#"#351!#65'67TT71/#-"6"#%587315'15F67#.1"#-1/1
#<35(.#-6.(7"#6"#%587!1/758/3(0517715(C6(/148#-63-67#/75#
"(6!16 &(5715(16 1 -(!816 =C "# ("1  #67 !!(2/ "# %517.(#/71C #- .1"#-1
TTSSC /1 351"8!# 8/ >8.1 "# 7/ 8#/ !-(""C /( !15"# !1/ - (5#!7(:

UU 
"&' 

!1.8/(75(61 5#8.131548#!1.31/#/7#6"#-!157#>! 5/%15./"1


357#"#-351"8!71%(/-F

1.1#/#-6(67#. C-%5876#"# #-:5C6#-#!!(1/5=!-6(%(!5315


7.016 35#:(.#/7#F /71 #- #<75!715 .1"#-1 ZUS !1.1 #- WSSC !157/ -
%587315-.(7"=C6#&8(".#/7#C#<35(.#/#-!1/7#/("1"#-(/7#5(15"#-%587
.#"(/7# 8/ #<35(.("15 "# 3(0 517715( 75"(!(1/-F - >8.1 !# 315 - 357#
+  8/ 71-: = - !157#> 6# "#6#!'C !=#/"1  8/ 75/63157"15 6(/ %(/F 
!1/7(/8!(2/C36315%(-7516136"156O%(/(6'#56PC35(.5(1=6#!8/"5(1C#/
-1648#6#6#35-38-3/7#6"#-#:315!(2/1757.(#/717$5.(!1F

-6(67#."##<75!!(2/315517!(2/"#-3(0!1/75-6.(7"#6"#%587C
3513(!( 8/ (/!15315!(2/ "# (5# (/"#6#" #/ #- 8.1C 351:1!/"1 8/
1<("!(2/ "#  !1.31/#/7#6 "#- 8.1 = 48# 351:1! 8/ !. (1 (/.#"(71 "#-
!1-15"#-8.1C!1.35"1!1/#-8.1"#-#<75!715 F

*"+NAUA8313-1%31$-21-7+

/ -16 #<75!715#6 51;/C '= 8/ .=15 351  (-("" "# 48#C #- >8.1C
#/75##/!1/7!71!1/-357##<7#5/"#-%58748##/-16#<75!715#6 =#6
%5#!8#/7# #/!1/755 751>16 "# !157#> %-17/"1 #/ #- >8.1 #<75)"1C /7#6 "#-
%(-75"135(.5(1F-5#/"(.(#/71"##<75!!(2/#66(.(-5#/. 6#<75!7156F

/-%(&85TFTU:6#1 6#5:8/"(&5."#-351!#6"1"#)75(!16"#51;/F

UV 
"&' 

$"41NANPA)+3/1-2-%31$-21-7+

#-16"167(316"##<75!715#6C#-"# 351"8!#8/>8.1.6'(&($/(!1F

NAPAOAPA3/2+)/1-2-$+4231$):4*-

(/"8675(-(>!(2/"#!)75(!1635-351"8!!(2/"#>8.16C48#!1.#/>2
#/#-.8/"11!!("#/7--1-5&1"#-6(&-1 C'#67(.8-"17/71-16!. (16
61!(1-2&(!16 !1.1 7#!/1-2&(!16 "#- 6#!715 "# - 75/6%15.!(2/ "# %5876 =
!78-.#/7#7. ($/#/:#&#7-#6F

351"8!!(2/%587)!1-%.(-(5'6("16867(78("315!8-7(:16&5/#6!-C
!1/ -7 7#!/1-1&) 48# 3#5.(7#/ - 351"8!!(2/ "# .7#5(6 35(.6 "# -7
!-(""F%5875#!1-#!7"6#6#-#!!(1/C!-6(%(!C-.!#/=3167#5(15.#/7#
6#351!#6#/3-/76(/"8675(-#6"##<75!!(2/"#>8.1F67$!/(!6:/>"6
#/3167M!16#!'"#%58763#5.(7#/68-.!#/.(#/71351-1/&"1#/237(.6
!1/"(!(1/#6 = - 75/6%15.!(2/ (/"8675(- #/ !8-48(#5 $31! "#- 01F / #67#
6#/7("1=3535#6#5:5-.<(.!-("""#-351"8!71%(/-#6%8/".#/7-#-
!1/1!(.(#/71"#-63513(#""#6%(6(!148).(!6"#-.7#5(35(.38#66)6#

UW 
"&' 

137(.(>/ 71"6 -6 13#5!(1/#6 48# !1.35#/"#/ - 75/6%15.!(2/ (/"8675(-


"#-%5871F

6 !5!7#5)67(!6 "#- 351"8!71 %(/- #67/ !1/"(!(1/"6 315 "(:#5616
%!715#6C !1.1 - .7#5( 35(.C ."85#>C 351!#"#/!(C !1/"(!(1/#6 "#
351"8!!(2/C 75/63157# = -.!#/.(#/71 "#- 351"8!71F  :5( (-("" 48#
#<(67# #/ - .7#5( 35(. (.3-(! - 1 7#/!(2/ "# >8.16 !8= !1.316(!(2/
%(6(!148).(!:5)/17 -#.#/7#-1-5&1"#-!.30"#351!#6"1F# ("1
#671C-(/"8675(7(#/"#87(-(>58/.#>!-#48(-( 5""#:5(16>8.16!1/
#-%(/"#1 7#/#58/351"8!71"#!-(""'1.1&$/#F
/ 630C -&8/6 3-/76 "# 351!#6"1 "# !)75(!16 "# 5#!(#/7# !5#!(2/
'/6("1(/67-"6352<(.6-6>1/6"#351"8!!(2/"#-%587C%!(-(7/"16)
68./(38-!(2/=75/63157#C5#3#5!87(#/"1316(7(:.#/7##/-!-(""%(/-"#-
>8.1 O( 51 "#- 8.1C 61>8.16 USTUPF / 1756 1!6(1/#6 - %587 "#67(/"
35 >8.16 351:(#/# 35(/!(3-.#/7# "# #<!#"#/7#6 "# %587 "#67(/" 
!1/68.1#/%5#6!148#'6("1-.!#/""85/7#-!16#!'=/17(#/#! ("
#/#-.#5!"1F#51!1.16#.#/!(1/2/7#5(15.#/7#C-%587"(5#!7"#-5 1-
5#35#6#/78/.=15351315!(2/#/#-717-"#%58775/6%15."F
!1/7(/8!(2/6#"#6!5( (5/-6#736"#8/6(67#."#351"8!!(2/"#>8.16
!)75(!16C6)!1.1-&8/16"#-16351!#616.6(.3157/7#635-351"8!!(2/"#
>8.16"#!-(""F676#73661/!1.8/#6#/-16"166(67#.635(/!(3-#6"#
351!#6"1 "# )75(!16 48#  5!/ #- TSS _ "# - 351"8!!(2/ .8/"(-C  =
51;/F
A /$.+143
 %5876#5#!( ##/!.(1/#6&5/#-/15.-.#/7#8/48#7. ($/=C
!" :#> .6C #/ 3-#76F 8#"# 6#5 "#6!5&" #/ &5/"#6 -66 1 6(-16
O"#3#/"(#/"1 "#- 7.01 "# - #.35#6PF / #67 #37 6# 5#-(> 8/ 53("1
!'#48#1"#-!-("""#-351"8!71"#7#5.(//"1-16?5(<=!("#>"#-%587=
!-!8-/"16)#-7(1O?<L!("#>#/_P"##67F. ($/6#5#-(>8/
53("(/63#!!(2/:(68-"#-%587F-.!#/"1F
A )$.+96-143

UX 
"&' 

 /7#6="#638$6"#-#73"#-:"16#5#-(>-6#-#!!(2/"#-.7#5(
35(. !1/ #- %(/ "# #-(.(/5 - %587 48# 35#6#/7 -7#5!(1/#6 #/ 683#5%(!(#C
7--16 8 1 +#716 48# 38#"/ "05 #- 6(67#. "# #<75!!(2/ !1.1 3(#"56 1
751>16 "# ."#56 1 3-67(!16 351!#"#/7#6 "# -16 #. -+#6 "# - %587 48#
38#"/"05#-6(67#."##<75!!(2/O3/P+) *"+SPF
  %587 36C 756 - 6#-#!!(2/C  75:$6 "# 8/ "# 8/ -:"15 "#
!#3(--16C !1/ 3#5%(- = .7#5(- #63#!(-#6C "1/"# 6# #-(.(/ - 68!(#""C !#(7#6
#6#/!(-#6 5#./#/7#6 = 5#6("816 "# 3#67(!("6 3167 !16#!' 3-(!"16  %5876
351!#"#/7#6"#-.!$/F58.#/75-#%(!!(#/#-351!#61"#-:"1"#-
%587 #6 5#!1.#/" -# 0"(5 8/ "#7#5&#/7# 48# "#.6  5#"8!# - 31 -!(2/
.(!51 (/"#-683#5%(!(#"#-%5871F

 *"+NAVA1!$))/$))-)6-


$"41NANQA21$/$.+)/1-2-)6-!143+/1-2-%31$-2
/ - %(&85 TW 6# :# -6 "(%#5#/7#6 %6#6 "# - #73 "# -:"1 "# %587 #/ #-
351!#6"1"#!)75(!16F
!F )$1-)143

UY 
"&' 

 %5876#6#35#/!-( 5#6"(%#5#/!("163548#6#"37#-7.01
"#-6!136"#-6(67#."##<75!!(2/"#>8.1C-148#3#5.(7#1 7#/#58/>8.1
"#-7!-(""=!1/8/237(.15#/"(.(#/71"##<75!!(2/F#73"#!-( 5"1
6# 5#-(> '!(#/"1 &(55 - %587  75:$6 "# 8/16 51"(--16 "(638#6716
'15(>1/7-.#/7#="#%15.35-#-8/!(/7"#75/63157#F
 #638$6"#-!-( 5"1C-%587"#7.01237(.16#"(5(&#-6 /"#+6
"# -6 #<75!7156  75:$6 "# 8/ !(/7 "# -(.#/7!(2/ (/!-(/" =  68 :#>
"(:("("#/:5(16!/-#635-!155#!7-(.#/7!(2/"#-6(67#."#!136"#
#<75!!(2/F
/ - (.&#/ TS 6# 38#"# :#5 #- 5#68-7"1 "# !65 - %587 !-( 5" !1/ -6
!136"#!8"6687.01=-6!136(/"#!8"6F/#-(/!155#!71!13-#6#
351"8!#8/3$5"(""#5#/"(.(#/71=!-("""#-8.1F





*"+NANMA)$12!1439-/2/1-2-

. 831$.+)4*-A$23* F  +$+
67#6(67#."##<75!!(2/C35#:(.#/7#"#6!5(71=.1675"1#/-%(&85\
#6 .3-(.#/7# 87(-(>"1 #/ #- 8/"1 = #6 #- 48# ' 6("1 87(-(>"1 35 -
#<75!!(2/ "# -16 351"8!716 "# 5#%#5#/!( 35 #67# #678"(1F 1/ $- 38#"#/
351!#656# -16 !)75(!16 .6 !1.8/#6E ./"5(/6C /5/+6C 7/&#-16C -(.1/#6C
-(.6=31.#-16A

#F *$:-
- >8.1 351!#"#/7# "# -6 #<75!7156 6# %(-75  75:$6 "# %(/(6'#56 1
7.(>"156C "1/"# 6# #-(.(/ #- !1/7#/("1 "# 38-3 %-17/7#F  38-3 6#
351!#6!1.1351"8!71"(%#5#/!("1F<(67#/:5(167(316"#%(/(6'#56!1/-1648#
!1/6#&8(.16#-(.(/5"#%15.#%(!(#/7#-38-3=-6!#-"(--6"#>8.175:$6

UZ 
"&' 

"# 8/ 7.(> 1 .-- 3#5%15" "# !#51 (/1<(" -#F 56 #67 #73C - 38-3
5#./#/7##/#->8.1#638-335#!(3(7 -#48#-#"785 ("#>->8.1F

!A 3/2!$+)2
  !1/7(/8!(2/ 6# 3-(!  -16 351"8!716 1 7#/("16 #- 757.(#/71
5#48#5("1 6#&9/ #- 7(31 "# 351"8!71 %(/- 5#48#5("1F 16 35(/!(3-#6 351"8!716
61/E
• 8.16"(5#!7161%5#6!16-.!#/"16SMX?
• (5#!7161 !1/8/-#:#757.(#/717$5.(!1O367#85(>!(2/P
ZSM\S?"85/7#USMVS6#&8/"16=./7#/("16#/5#%5(&#5!(2/F
• 8.16 367#85(>"16=!1/6#5:"16#.3#5785. (#/7#F
• 8.16 1/!#/75"16 .#"(/7#6 351!#616 "# #:315!(2/
-!/>/"1351"8!716YX?5(<=3167#5(15-.!#/"1MUS?F
• 8-3!1/&#-"167#85(>"=#/:6"#/6$37(!1F
• !#(7##6#/!(-E!1/6#5:"1#/!1/"(!(1/#6#63#!(-#6F

NAPAPA1$6-2)$*.+ +4231$)$:-
/ #- 351!#6"1 (/"8675(- "# (.2/C 6# 1 7(#/#/ %8/".#/7-.#/7#
8.16C !#(7#6 = 8-36F  351"8!!(2/ "# 8.16 )75(!16 #6 8/ (/"8675(
&51-(.#/75("#&5/(.3157/!(#/8513=#/#-8/"1F/(2/8513#
7(#/#8/!1/68.1-71=5#&8-5"#8.16= # ("6 6#"#8.16"#.6-
.3-(!(2/ "# - /(2/ 8513#C ' 6838#671 8/ (/!5#.#/71 "#- !1/68.1 "#
8.16#/-16/8#:163)6#6.(#. 516F/XS_351<(."1"##67#!1/68.1C#6
"# 5/+F - 8.1 "# -(.2/ 7(#/# 8/ 861 .6 35!(- !1.1 7- 8.1 = .6
!1.9/ !1.1 (/&5#"(#/7# #/ .#>!-6 !1/ 17516 8.16C 5#%5#6!16 8 17516
-(.#/716O CUSTXPF

# -16 !)75(!16 6# 38#"# 1 7#/#5C "#.6 "# -16 >8.16C 8/ .3-(1
 /(!1 "# 351"8!716 !1.#5!(-#6 !1.1 38-3C !#(7#6 #6#/!(-#6C (/&5#"(#/7#6
-(.#/75(16 = 3(#/616 35 /(.-#6F . ($/ !1. 867( -#6C !16.$7(!16 #
(/&5#"(#/7#6 35 - (/"8675(F 16 :/!#6 7#!/1-2&(!16 = - #:1-8!(2/ "# -16
#67(-16"#:("=&86716"#-16!1/68.("15#6(/!#/7(:/#-"#6551--1"#/8#:16

U[ 
"&' 

351"8!716=/8#:16.$71"16"#351!#6"1"#!)75(!16O(. --CUSSUPC-148#6(/
"8" !1/75( 8(5  8/ "#6551--1 "#- 6#!715 !(75)!1-F 1/:(#/# "#7--5 -6
!5!7#5)67(!635(/!(3-#6"#-%587135:#568613!(1/#6"#351:#!'.(#/71F-
-(.2/ O&$'%  PC 6) !1.1 #- 5#671 "# -16 !)75(!16C !1/67 "# 8/ #/:1-785
#<7#5(15 1 !6!5C 48# (/!-8=# - #3("#5.(6C #- %-:#"1 = #- - #"1 O .&#/ T =
%(&85TXPF

- %-:#"1C #/ - 5#&(2/ 68 #3("$5.(! !1/7(#/# !51.13-6716C 48#


!1/%(#5#/-%587-16!1-15#6:#5"#1.5(--1C=/8.#5166&-/"8-6--#/6"#
!#(7#6 #6#/!(-#6 51.7(!16F - - #"1 O.#61!531P #67 %15."1 315 !36
#631/+166 "# !$-8-6 35#/48(.7(!6 5(!6 #/ 3#!7(/F  38-3 (/7#5/ 1
#/"1!53(1 #67 %15." 315 6#&.#/716 1 &+16 O!53#-16P "(675( 8("16
-5#"#"15"#8//9!-#1 -/"1=!1/6(67#/7#48#%15.#-#+#!#/75-"#-%587F
" 6#&.#/71 #67 5#!8 (#571 "# 8/ "#-&" .#. 5/ !53#-5 --."
%"&'C = #67 --#/1 "# :#6)!8-6 "# >8.1F 16 6#&.#/716 !1/7(#/#/ 6#.(--6
6(78"6!#5!"#-/9!-#1O
(55"=>>CUSSSPF

 
 $"41NANRA-134+!143-%31$-AFuente: Girard y Mazza, 2000

 6785!(2/ "# -16 .#5!"16 !#/751#8513#16C - !1.3-(!!(2/ 48# #-
.#5!"1 "# FF 1%5#!#  - (.3157!(2/C - "(%(!8-7" "# !!#61 - .#5!"1
+31/$6 = -16 -(.(7"16 .#5!"16 "# -16 3)6#6 "#- 67# 3513(!(/C !1.1
-7#5/7(:316( -#358/357#"#-351"8!!(2/C-75/6%15.!(2/(/"8675(-

U\ 
"&' 

"#--(.2/C#/8/.3-(&."##- 15"16"#-71:-150"("148#3#5.(7/
#-351:#!'.(#/71(/7#&5-"#-16%58716O- -"#+1CT\\\PF

1/6("#5/"1 8/ #648#. &#/#5- "# 351!#6"1C 31"#.16 :#5 -16


35(/!(3-#6351"8!7161 7#/#5-351!#65#-(.2/F

Zumo concentrado

Limón
Concentración

Extractora
Finisher
Corteza Zumo
JBT “In line”

Clarificación

Extracción Aceite esencial Pulpa


+ Agua + Frit
Filtración

Pectinas Finisher Frit


 ( 56C Concentración

-:1/1("#6
Emulsión Aceite+Agua
Em
7516
Zumo clarificado

Centrífugas Agua concentrado

Aceite esencial


$"41NANSA204*"+1)/1-2-2$*/)$!$-)831$.+$*.+A 

/#-#648#.C#/:#5"#C38#"#/:#56#-1675#6351"8!716%8/".#/7-#648#6#
1 7(#/#/6(.8-7/#.#/7##/#-351!#61"##<75!!(2/"#(.2/=17516!)75(!16F
=175613!(1/#648#6#5#!1&#/#/#-#648#.=48#61/"##<75!!(2/.6
!1.3-#+F

NAPAPANA 4*-$*.+

1 7#/!(2/"#>8.1"#(.2/#68/351!#61.#!/(!1F-8.16#1 7(#/#"#-


#/"1!53(1 "# - %587F / #- 351!#61 "# #<75!!(2/ "#  6# 1 7(#/#/
6(.8-7/#.#/7#17516351"8!716!1.1!#(7#6=8-36F

VS 
"&' 

-8.1"#-(.2/1 7#/("1756-#<75!!(2/C1>8.1 5871C!1/7(#/#8/357#


"#8-3%-17/7#OXNTS_P=175"#8.1O\SN\X_PF-8.1=%(-75"17(#/#
"#.68/357#"#8-3%(/135#!(3(7 -#48##6-48#"785 ("#>-8.1
= 48# :5) #/ %8/!(2/ "# -6 !1/"(!(1/#6 "# - %587 = -6 !1/"(!(1/#6 "#
#<75!!(2/C#/75#YNTU_F

 %(&85 6(&8(#/7# .8#675 8/ 3-/7 "# 351!#6"1C "1/"# 6# 1 6#5:/ -6
35(/!(3-#6#736C!1/-7#!/1-1&)61!("F

$"41NANTA204*"+1)4+/)+34*-2%31$-2A -1/-13$-+

-8.1#6#-351"8!71.6 8/"/7##/-%587=3157/71#-5#!83#5"1#/
.=15 351315!(2/F - 5#/"(.(#/71 #67 -5#"#"15 "# 8/ XS N XX _ 5#63#!71 
%587C"#8.15871C/7#6"#5#%(/5F

/ :#> 6#35"16 8-3 = 8.1C 7(#/#/ 3-(!!(1/#6 !1/:#5&#/7#6 =


"(:#5&#/7#6F-8.168#-#87(-(>56#!1.1E

• 8.1"(5#!711%15./"137#"#8/$!75O8.1`&8`>9!5#61
#"8-!15/7#6P=!1.1.#>!-!1/175168.16=/$!75#6F
• 6##/# ("6 6#"#8.1F

VT 
"&' 

• /&5#"(#/7##/# ("65#%5#6!/7#6F
• !("8-/7##/351"8!716-(.#/75(16C(/!-8)"16175168.161$!75#6F
• 7516E -#6C !1/6#5:6C #7!F 15.-.#/7# 86"1 !1.1 !1/!#/75"1
!-5(%(!"1F
• /&5#"(#/7# #/ !16.$7(!16 = 351"8!716 (/"8675(-#6 !1.1 "#7#5&#/7#6C
#7!F

8#"#6#5!1/6#5:"1!1.17-8.1C!-5(%(!"11785 (1C75661.#7#56#8/
367#85(>!(2/ 1 38#"# !1/!#/7556# 35 #-(.(/5 357# "#- &8 "#
!1.316(!(2/F

NAPAPAOA$32+$)$*.+

-!#(7##6#/!(-"#(.2/#6#-6#&8/"1351"8!71#/(.3157/!(C"#6"#
#-38/71"#:(67!1.#5!(-C5#!83#5"1"#-351!#6"1"#(.2/F6735#6#/7#
#/#-%-:#"1C357##<7#5/"#-%587C!1/7#/("#/8/6&-/"8-6F-!#(7#'
"# 6#5 #<75)"1 "# - %587 #/ %5)1C --."1  O1-" 5#66 (-P = #/ #67# !61
#67!1/67(78("1315U%5!!(1/#6%8/".#/7-#6E

• M(.1/#/1E#6#-!1.31/#/7#%8/".#/7-!1/.6"#-\S_"#-717-F
• 5!!(2/ 51.7(!E #6 8/ !1/+8/71 "# !1.31/#/7#6 :1-7(-#6C #/
!1/!#/75!(1/#6.8= +6F8/48##-6 15#6(.3157/7#C-357#"#-
-:15 #6 - 48# .5! - "(%#5#/!( #/75# -16 -(.#/716 = #67 :(#/#
.5!" 315 - 3#5!#3!(2/ "# -16 :1-7(-#6  /(:#- 5#751/6- !8/"1 #-
-(.#/71#/75#/- 1!O/"CT\\YIA(/#-51.C8/>8.1"#%5876
/16#5).648#8/61-8!(2/>8!5"=!("8-"A

67# !#(7# %15. 357# "#- 8.1 #/ 3#48#06 351315!(1/#6 = -# " #- 51.
!5!7#5)67(!1"##67#7(31"#%587

VU 
"&' 

 *"+NANNA$32+$)$*.+A

- 6(67#. "# 5#!83#5!(2/ "# !#(7#6 #6#/!(-#6 "# (.2/ .6 868- #/ -
!8#/! #"(7#55/#C #6 - 5#!83#5!(2/ #/ - 3513( #<75!715C "85/7# #-
351!#61 "# #<75!!(2/ "#- 8.1C !1.1 6# ' "#6!5(71 /7#5(15.#/7#F # %15.
8/#.8-6(2/!1/&8"#-!#(7#"85/7#-#<75!!(2/=6#6#35#67#!#(7#
"#-&8!#/75(%8&/"1"(!'#.8-6(2/F


Anillo rociador



Agua

$"41NANUA204*14/1$.+$322+$)2+8313-1%31$-2? 

#%(!(#/!("#5#!83#5!(2/"#!#(7#6#.("#!1.1_"#-!#(7#"(631/( -##/
%587 #<75)"1C #/ & L7 "# %587 351!#6"F / #- !61 "# 5#!83#5!(2/ #/  -
#<75!715"#8.1C-#%(!(#/!(#6"#-ZSNZX_5#63#!71-"(631/( -##/%587F

<(67#/ 17516 7(316 "# 5#!83#5!(2/ "#- !#(7# #6#/!(-C %8#5 "# - #<75!715C
6"16 #/ #- 563"1 "# - !157#>C 35#:(1  - #<75!!(2/ "#- 8.1C #/ 8/
!."#&8F-!#(7#36-&8C%15./"18/#.8-6(2/F#638$6'=8/
6#35!(2/"#-!#(7#"#-&8315!#/75(%8&!(2/F

VV 
"&' 

$"41NANVA204*2$-14/1$.+$322+$)2%31$-2

/:#>#<75)"1#-!#(7##/-#.8-6(2/C#67#6757"315!#/75(%8&!(2/35
6#355. 6%5!!(1/#6C!#(7#=&8F

<(67#/175166(67#.6"##<75!!(2/35#-!#(7##6#/!(-"#-16!)75(!16C!1.1
#-563"168:#"#-!157#>F67166(67#.66#'/"#6551--"135.#+155
- #%(!(#/!( #/ - 5#!83#5!(2/ 48# "#.6 .#+155) - 6167#/( (-("" "#-
6(67#.&-1 -31548##-!#(7##6#/!(-#68/ (1!("48#(.3("#757.(#/716
"#%#5.#/7!(2/3167#5(15#6#/#-5#./#/7#F5)#<!-86(:.#/7#-%15."#
1 7#/#5-#.8-6(2/1'!#5#67--5-6&-/"8-648#-1!1/7(#/#/C-6#35!(2/
"#-!#(7#"#-#.8-6(2/#66(.(-5-/7#5(15F

 +1 38#"#/ :#56# %1716 "#- 6(67#. "# #<75!!(2/  315 563"1 1
3(/!'"1"#-!157#>C 5(#/"1-6&-/"8-6=%!(-(7/"1-6-(""#-!#(7#F

VW 
"&' 

*"+2NANO9NANPA$23*12/-)/$))$*.++*"4A 

16 35#!(16 "#- !#(7# #6#/!(- #/ #- .#5!"1 = - /#!#6("" "# '!#5 .6
6167#/( -# -16 351!#616 (/"8675(-#6 ' '#!'1 48# 6# "#6551--#/ #6716 /8#:16
6(67#.6"##<75!!(2/"#!#(7##6#/!(-"#!)75(!16.6#%(!(#/7#6F/1"#-16
9-7(.16"#6551--16#/#67#6#/7("1'6("1#-6(67#.F

$"41NAOMA204*2/1$.+$32+$)!41)8313-1A1-7+

- !#(7# #6#/!(- 6#35"1 #6 "#638$6 61.#7("1  8/ 351!#61 "# "#!/7!(2/
356#355-6!#56/785-#6C%(-75"1=!1/6#5:"1#/%5)1OXLMT[?PF

3-(!!(2/"#-!#(7#"#(.2/#6.8="(:#56E

TF -(.#/7!(2/C!1.151.7(>/7#F
UF 16.$7(!=3#5%8.#5)F
VF 51"8!716(/"8675(-#6"#-(.3(#>C#7!F

TFVFVFVF 4)/$*.+

VX 
"&' 

8-3%-17/7#"#)75(!16#6-357#62-(""#->8.1 5871C1 7#/("1


#/ - #<75!!(2/ = 6#35"  315 %(-75!(2/F (#/# 6(.(-5#6 !5!7#5)67(!6
48).(!6 48# #- 8.1 "# (.2/C #/ !8/71  ?5(<C !("#>C 1-15C #7!F 
#<75!!(2/"#-8-3"#(.2/6#'!#357(5"#-8.1 5871C351!#"#/7#"#
- #<75!715C 35#:(1 361 315 8/ 6(67#. "# #-(.(/!(2/ "# "#%#!716 .#"(/7#
!(!-1/#6=87(-(>!(2/"#8/7.(>1%(/(6'#5%(/-F

$"41NAONA204*4/1$.+4)/%31$A-132% -1/-13$-+

5 137(.(>5 - 5#!83#5!(2/ "# 38-3 #/ !/7("" = #/ !-("" O.01 #
(/7#&5(""P '= 48# "375 - !1/%(&85!(2/ "# - #<75!715C !. (/"1 -16
78 16%(-75131517516"#3#5%15!(2/.=15CSFSYUK#5686SCSWSK87(-(>"1635
351"8!!(2/ "# 8.1C 6(/ 5#!83#5!(2/ "# 8-3F  8-3 5#!83#5" 38#"#
!1/6#5:56##/6$37(!135#:(367#85(>!(2/"##67=35#6#5:5#/%5)1S?1
!1/&#-"F

87(-(>!(2/"#-8-3"#(.2/#6"(:#56E#!83#5!(2/"#-38-315(&(/
#/ 8.16 351!#"#/7#6 "# !1/!#/75"1C # ("6  6# "# >8.1C 67#-#5)
(/"8675(-C  5(!!(2/"#/!,6"#%587C#7!F

VY 
"&' 

NAPAPAQA 1$6-2-13:

/1"#-16351 -#.6.#"(1. (#/7-#6.66(&/(%(!7(:16"#-(/"8675(


-(.#/75(C = #/ 357(!8-5 "# - (/"8675( !)75(!C #6 - &5/ !/7("" "#
68 351"8!716=5#6("816&#/#5"16C6831/(#/"168&#67(2/8/&5/!167#35#-
6#!715F  .(/(.(>!(2/ = :-15(>!(2/ "# #6716 5#6("816 35#6#/7 8/ "1 -#
:#/7+E5#"8!(5-!5&!1/7.(//7#!1/75( 8=#/"1-"#6551--16167#/( -#"#-
6#!715=1 7#/#58/.#+155#/"(.(#/71"#-6.7#5(635(.6.#"(/7#68861
(/7#&5-F6)38#6C""168(/7#5$6=686316( (-(""#6"#3-(!!(2/C#-351!#6"1
"# -16 68 351"8!716 "# !)75(!16 6# 38#"# 75"8!(5 35 #- % 5(!/7# "# >8.16
)75(!16C#/ #/#%(!(16#!1/2.(!16F

1/ :5(6 -6 316( (-(""#6 "# 861 "# -6 %5!!(1/#6 "# #<75!!(2/C #/
%8/!(2/ "# - !1.316(!(2/ "# #6716E 5(!16 #/ #!7(/6C 2-("16 61-8 -#C #7!F
-&8/6"##67613!(1/#648#"/5#!1&("6#/- -TFWF

= %87851 35 6#&8(5 (.&(//"1 = "#6551--/"1 351"8!716  -7#5/7(:16 


357(5 "# 68 351"8!716 = !1/:#57(5 #- 351!#6"1 (/"8675(- "# 5876 #/ 8/
351!#61167#/( -#=.8=5#/7 -#F

'"$ '&   "$ )& 

VZ 
"&' 

51"8!!(2/ "# 3#!7(/6 35 - (/"8675(


&51-(.#/75(

51"8!!(2/"#!("1!)75(!1=!("1-!7(!1

51"8!!(2/"# (1#7/1-

51"8!!(2/"#%( 5"(#7$7(!

<75!!(2/ "# %-:1/1("#6 35 - (/"8675(
157#>
&51-(.#/75(=%5.!$87(!

<75!!(2/ "# !517#/1("#6 35 - (/"8675(


&51-(.#/75(=%5.!$87(!

7#5(35(.35-(/"8675(!1/%(7#5

-(.#/7!(2/35#-&/"1


 7#/!(2/"#!#(7#6#6#/!(-#6=7#53#/16

#5.#-"6"#)75(!16
$&15--"85"#
!157#>
-(.#/7!(2/35#-&/"1


#!83#5!(2/ "# -16 62-("16 61-8 -#6C 351"8!!(2/ "#
)&"#"%$#

51"8!!(2/"#"$$"%$F

51"8!!(2/ "# "%$# $%"$# 35 68


 $138-3
87(-(>!(2/#/# ("65#%5#6!/7#6

51"8!!(2/"#%$35# ("65#%5#6!/7#6
=17516F

-(.#/7!(2/35#-&/"1
 
)NAQAG--/1-6#*$+3-$!1+3224/1-43-2%31$-2

NAQA"$2)$.+91$31$-2)$)4*-$*.+
NAQANA"$2)$.+

V[ 
"&' 

!78-.#/7#C - -#&(6-!(2/ 5#%#5#/7#  -16 >8.16 6# 5#&8- .#"(/7# #-
)13-TUNFOMNP#/#-1-#7)/%(!(-"#-67"1OPC48##67 -#!#-6
/15.6 5#-7(:6  - #- 15!(2/C !1.316(!(2/C #7(48#7"1C 35#6#/7!(2/ =
38 -(!("" "# -16 :4*-2  !1432 = 17516 351"8!716 6(.(-5#6 "#67(/"16  -
-(.#/7!(2/'8./F

67#5#-"#!5#71!155#631/"#-756316(!(2/"#-$13$6OMNOFNOF
"#- 5-.#/71 8513#1 = "#- 1/6#+1C "# T\ "#  5(- "# USTUC 315 - 48# 6#
.1"(%(! - $13$6 OMMNFNNOF "#- 1/6#+1 5#-7(:  -16 >8.16 "# %5876 =
17516351"8!7166(.(-5#6"#67(/"16--(.#/7!(2/'8./F

8 35(/!(3- 1 +#7(:1 #6 "375 - 351&5#61 7$!/(!1 -6 /15.6 61 5#
#- 15!(2/C!1.316(!(2/=3$043-)-2:4*-2!1432=17516351"8!716
6(.(-5#6 "#67(/"16  - -(.#/7!(2/ '8./F 1 48# 6(&/(%(!5 8/ 361
"#%(/(7(:1 #/ - "37!(2/ #8513#  -6 /8#:6 7#!/1-1&)6 =  -6 /15.6
(/7#5/!(1/-#6F

6 35(/!(3-#6 /1:#""#6 -#&-#6 "#5(:"6 "# #67 /8#: -#&(6-!(2/ 61/
-66(&8(#/7#6E
•  35(/!(3- /1:#"" "# - /8#: -#&(6-!(2/C  (/(!(7(: "# - 3513(
(/"8675( #8513#C #6 48# 2 /1-#$$1 !$+$3$6*+3 ) $$.+ 
:51  -16 >8.16C 35!7(! 7#!/1-2&(! 48# 3#/6 6# 86  = = 48#
!1/"(!(1/ "#.6-"#!-5!(2/="#/1.(/!(2/"#>8.1>8!5"1
35#6716351"8!716!1/>9!5#60"("16F
• 1/-/8#:/15.)2*:)2-2-*2:4*-22+-*$+1++
-1+ 1$+3 #/ #- #7(48#7"1C "# !8#5"1  - !/7("" 48#
!1/7#/& "# !" 8/1 #/ #- 351"8!71 = #/ !155#631/"#/!( !1/ -
"#!-5!(2/48#%(&85##/--(67"#(/&5#"(#/7#6F
• #(/751"8!#7. ($/#<35#6.#/7##/-"#%(/(!(2/"#%5878/355%1
35 !-55 48# 48$-- 48# '= 6("1 2-*3$  313*$+3-2 /-23
-2#C38#"#6#5#.3-#"#/-#- 15!(2/"#>8.16F

V\ 
"&' 

• # 6867(78(5 "#%(/(7(:.#/7# - "#/1.(/!(2/ -#&- H8.1  6# "#


!1/!#/75"1I315B4*-/13$1-++31-CF
• # 8715(> 7. ($/ - 1$+-1/-1$.+ !4)33$6  1-*2 48#
351!#"/"#-.(6.#63#!(#"#%587#/-16>8.16C>8.16357(5"#
!1/!#/75"1=/$!75#6F
•  43-1$: ) /1-2-  $!42$.+ 35 - 1 7#/!(2/ "# >8.16
!1/!#/75"16#/%5876"#6'("57"6F
•  14+ )$"1*+3 )-2 "1-2 1$8 35 -16 >8.16 "# &516#--C
&8= C./&1=%587"#-36(2/35"375686!5!7#5)67(!6-
/15.(/7#5/!(1/-F
• 15 9-7(.1C = !1.1 175 /1:#"" 35(/!(3-C 2 $+)49 9 2 )")$:
!$+$3$6*+3):4*-3-*3C5#!1/1!(#/"1#-!5!7#5"#%587"#
#67# 351"8!71 = 8715(>/"1 - "(!(2/ #<!-86(: 35 #67# >8.1 "# 6-C
#63#!(6='(#5 651.7(!6C!1.1:(#/#6(#/"1' (78-#/-16>8.16
#/:6"16!1.#5!(-#6"#71.7#F

67+46+-1*/1:4*-2+311+6$"-16(.8-7/#.#/7##-OU
-341  OMNP #/ 71"16 -16 67"16 .(#. 516 "# - +$.+ 41-/ OP = 
357(5 "# #67 %#!' 6# %(+ 8/ /1$-- 31+2$3-1$-  NU *22 H#23 ) OU 
1$)  OMNRI #/ #- 48# -16 351"8!716 #- 15"16 /7#6 "# - :(&#/!( "# -
/15.6#31"5/6#&8(5!1.#5!(-(>/"1'67&175686671!,6F

"#.6C 35 3#5.(7(5  - (/"8675( (/%15.5  -16 !1/68.("15#6
"#!8".#/7#C6#8715(>5"#6"##-"#-U["# 5(-"#USTX='67#-U["#
1!78 5# "# USTY "#- 861 #/ -6 #7(48#76 "# -16 >8.16 "# 8/ -#&!(2/
351:(6(1/-#63#!(-35(/%15.5"#48#357(5"##6%#!'-16>8.16=/1
!1/7#/"5/>9!5#60"("16F

16 75#6 351"8!716 6(!16 "#- 6#!715 >8.16 = /$!75#6 "# !8#5"1 !1/ -
-#&(6-!(2/:(&#/7#61/E
%  "%$#E 6 #- 351"8!71 686!#37( -# "# %#5.#/7!(2/C 3#51 /1
%#5.#/7"1C1 7#/("1357(5"#%58766/6=."856C%5#6!61!1/6#5:"6

WS 
"&' 

315 #- %5)1C "# 8/ 1 :5(6 #63#!(#6C 48# 316# #- !1-15C #- 51. = #- 6 15
!5!7#5)67(!16"#-16>8.16"#-%587"#-48#351!#"#F#31"55#(/!153155
->8.1#-51.C-38-3=-6!#-"(--648#'=3#5"("1!1/-#<75!!(2/F16
>8.16"#%5876"# #/1 7#/#56#315351!#"(.(#/716.#!/(!16"##<75!!(2/F

%"%$##$"E6#-351"8!711 7#/("1.#"(/7#
-(/!15315!(2/->8.1"#%5876!1/!#/75"1"#-!/7("""#&8#<75)"
- >8.1 #/ #- 351!#61 "# !1/!#/75!(2/ = - 5#67(78!(2/ "# -16 51.6C = #/ 68
!61C-38-3=!#-"(--63#5"("6"#->8.1C3#515#!83#5"16#/#-351!#61"#
351"8!!(2/"#->8.1"#%5876"#48#6#757#1"#>8.16"#%5876"#-.(6.
#63#!(#F - &8 0"(" "# #5 35#6#/75 -6 !5!7#5)67(!6 "#!8"6C
#63#!(-.#/7#"#6"##-38/71"#:(6748).(!1C.(!51 (1-2&(!1=15&/1-$37(!1C
!1/ #- %(/ "# &5/7(>5 -6 3513(#""#6 #6#/!(-#6 "#- >8.1F - 351"8!71 6)
1 7#/("1 "# #5 35#6#/75 !5!7#5)67(!6 15&/1-$37(!6 = /-)7(!6 315 -1
.#/16#48(:-#/7#6-6"#-7(31.#"(1"#>8.11 7#/("1"#%5876"#-.(6.
#63#!(#F 16 >8.16 351!#"#/7#6 "# !1/!#/75"1 38#"#/ 1 7#/#56#
#<!#3!(1/-.#/7#357(5"#!1/!#/75"16#- 15"16315#<75!!(2/O"(%86(2/P
"# &8 (/ -(/#F 16 >8.16  6# "# !1/!#/75"1 "# #/ !8.3-(5 #/ 68
5#!1/67(78!(2/ !1/ &8 8/6 #675(!76 !1/"(!(1/#6 -#&-#6 48# #67/
"#7#5.(/"631568!1/7#/("1%(/-#/&5"165(<C6(#.35#683#5(15-"#->8.1
"(5#!71 = "# !8#5"1 !1/ - 7 - -#&- O) OP 48# 5#!1&# -16 >8.16 "# -6
%5876 .6 !1.8/#6F 5 #- 5#671 "# %5876C 8/48# /1 #67$/ 5#&8-"6
-#&-.#/7#C 7. ($/ #<(67#/ 5#%#5#/!(6  -16 &5"16 5(< #/ #- 1"#< = #/ #-
2"(&1 "# 8#/6 5!7(!6 "#  5(!!(2/ "# - 61!(!(2/ #8513# "# -
/"8675("#8.16=$!75#6O PF

WT 
"&' 


)NARA-+3+$-!$+)+"1-21$8+:4*-2!1432

$"  "%$#E 6 #- 351"8!71 686!#37( -# "# %#5.#/7!(2/C 3#51 /1
%#5.#/7"1C 48# 6# 1 7(#/# 315 "(!(2/ "# &8 = "# >9!5#6 =L1 .(#-  -16
>8.16C-385$"#%587618/.#>!-"##6716351"8!716C=48##67$!1/%15.#
!1/#-!1/7#/("1-#&-.)/(.1"#>8.1"#!"%587F"(!(2/"#>9!5#6=L1

WU 
"&' 

.(#-6#8715(>#/8/!/7(""/1683#5(15-US315!(#/71"#-3#61717-"#-
351"8!71 ! "1F / #- !61 "# - #- 15!(2/ "# /$!75#6 "# %5876 6(/
>9!5#6 0"("16 1 "# :-15 #/#5&$7(!1 5#"8!("1C -16 >9!5#6 31"5/
6867(78(56#717-135!(-.#/7#315#"8-!15/7#6F

%"%$#$",6#-351"8!711 7#/("1357(5"#>8.1"#%5876
"# 8/ 1 :5(6 #63#!(#6C 315 #-(.(/!(2/ %)6(! "# 8/ 357# "#7#5.(/" "#-
&8F8/"1#-351"8!71#67$"#67(/"1-!1/68.1"(5#!71C"(!'#-(.(/!(2/
6#5"#-.#/168/XS315!(#/71F#757"#8/351"8!71!1.9/#/-16
3#51"##6!61/8-35#6#/!(!1.#5!(-#/8513=#/630F

%  "%$# #"$   !'E 6 #- 351"8!71 1 7#/("1  357(5 "#
>8.1 "# %5876 "# 8/ 1 :5(6 #63#!(#6 315 #-(.(/!(2/ %)6(! "# - 35!7(!
717-("" "#- &8F # 757 "# 8/ 351"8!71 &#/#5-.#/7# "#67(/"1 - . (71
"#3157(:1

4*-!143831%--+"4@#-351"8!711 7#/("1315"(%86(2/#/&8"#E

P %587 38-316 #/7#5 !8=1 >8.1 /1 38#"# #<75#56# 315 351!#"(.(#/716
%)6(!16C1

P%587#/7#5"#6'("57"F

4*-)$*.+@)1$!$-9341$-

 !1.316(!(2/C %)6(!1 N 48).(!C "#- 8.1 "# (.2/ C 686 !1.31/#/7#6
%(7148).(!16 = (1!7(:16C "#3#/"# "# .9-7(3-#6 %!715#6E :5(#""C 3752/C
."85#>C!1/"(!(1/#6. (#/7-#6C3167M!16#!'C-.!#/.(#/71=351!#6"1F
35#6#/!("#!1.38#6716 (1!7(:16(/!5#.#/7-!3!(""/7(1<("/7#"#-
>8.1O15#/7##7-FCUSTWPF8/48##/-(/"8675(-(>!(2/"#--(.2/6#351"8!#/
.=15(75(.#/7# 8.16 785 (16 = 686 !1/!#/75"16C -&8/6 !/7(""#6 "#
>8.16#'/"#67(/"168!-5(%(!!(2/F

16>8.16785 (16"#(.2/61/48#--1648#!1/7(#/#/38-3#/6863#/6(2/F-

WV 
"&' 

!1/7#/("1 "# #676 38#"# !1/751-56# 315 7.(>"1 "#- >8.1F # 87(-(>/ =
!1.#5!(-(>/!1.17-#6=35-35#35!(2/"#8.16.8-7(%5876C$!75#6C
# ("6 5#%5#6!/7#6C (.1/"6 = 71"16 48#--16 351"8!716 48# 5#48(#5/
785 ("#>=!1-15F

16 8.16 !-5(%(!"16 "# -(.2/C  75"(!(1/-.#/7# 6# '/ "#67(/"1  -
35#35!(2/ "# # ("6C +-#6 = 351"8!716 "# !1/%(7#5)D !1/:(#/# "#67!5 -
(.3157/!(#!1/2.(!"#-6 # ("65#%5#6!/7#6 6#"#-(.2/F"#./"
315357#"#-!1/68.("15"#351"8!716-(.#/75(16/785-#6C#- 15"166(/-
(/!15315!(2/ "# "(7(:16C '!#/ 48# #- 8.1 !-5(%(!"1 "# (.2/ '=
"#63#57"1 8/ (/7#5$6 !5#!(#/7# #/ - (/"8675( "# !1/6#5:6 :#&#7-#6C !1.1
!("8-/7# 6867(78=#/"1 - !("1 )75(!1 8 17516 !("8-/7#6 O90#>C T\[[PF
63#!(-.#/7#-#- 15!(2/"#351"8!716J71"1M%587KF

!("(%(!!(2/"#-(.#/7167(#/#"(67(/76%8/!(1/#6F158/-"1C +5
#-3 3#5.(7##<!-8(5!1.1316( -#6!1/7.(//7#6-.=15)"#-6 !7#5(6
= 5#!-8(5 #- &5831 "# !/"("716  .1'16 = -#:"856F 15 1751 -"1C !(#5716
!("16/1(/'( #/#-!5#!(.(#/71.(!51 (/162-131548#"(6.(/8=#/#-3 6(/1
7. ($/ 31548# 7(#/#/ (/7#5%#5#/!(6 .#7 2-(!6 #63#!)%(!6 !1/ #- "#6551--1
.(!51 (/1F75%8/!(2/"#!(#5716!("16C%8/".#/7-.#/7##-!)75(!1C#6-"#
!785 !1.1 !1.3-#+/7# "# !(#5716 (1/#6 .#7-(!16 48# !79/ !1.1
351.1715#6"#351!#616"#1<("!(2/"85/7##-35"#.(#/71F

6 :#/7+6 48# #- >8.1 "# -(.2/ !-5(%(!"1 7(#/# 61 5# 17516
!("(%(!/7#6C !1.1 #- >8.1 "# -(.2/ 785 (1 = #- !("1 !)75(!1 OMVVSPC %8#51/
"#.1675"6 315 85 OT\\VPF 67# (/"(! 48# - 87(-(>!(2/ "# 8.1 "# -(.2/
!-5(%(!"1 315 -75%(-75!(2/ 7/&#/!(- !1.1 !("8-/7# #/ /$!75#6 "#
- 5(!148# = .#-1!172/ "(6.(/8=# #- !1/7#/("1 %(/- "# %85%85- #
'("51<(.#7(-%85%85- 5#63#!71  /$!75#6 #- 15"16 !1/ MVVSC "#638$6 "#
-.!#/.(#/71#/!1/"(!(1/#6":#566OWX?"85/7#US")6PC"(6.(/8=#/"1C
3157/71C-16#%#!716"#-"#6551--1"#351"8!716"#-35"#.(#/71F"(!(2/
"# >8.1 "# -(.2/C 7/71 785 (1 !1.1 !-5(%(!"1C  .#-1!171/#6 #/-7"16 #/
-.) 5.#+15-1635.#7516"#!1-15C!1/7#/("1#/:(7.(/="#6758!!(2/

WW 
"&' 

"# >9!5#6C 5#63#!71 "#- !("8-"1 !1/ MVVSF #&9/ #67# .(6.1 8715C -6
:#/7+6"#->8.1"#-(.2/!-5(%(!"161 5##-785 (161/:5("6F158/-"1C
-6!!(1/#6%:15 -#6"#->8.1"#-(.2/!-5(%(!"1#/-3517#!!(2/"#-!1-15=
-(/:#56(2/"#-6!5166#./(%(#67//7#648##/#-8.1785 (1F151751
-"1C = !1.1 62-("1 5&8.#/71C #- /-(6(6 15&/1-$37(!1 "# .#-1!171/#6
#/-7"165#:#-8/5#!'>1"#-6.8#6756!1/+8&1"#-(.2/785 (1C#/-648#
6#35#!(/1-15#6=6 15#6#<75016=63#5#>D-16!("(%(!"16!1/8.1"#
-(.2/!-5(%(!"1C6(/#. 5&1C61/.635#!("16(/!-86148#-6.8#6756"#
5#%#5#/!(C"# ("1-3#5%(-51.7(!1#/5(48#!#"1548##67#>8.13157!1.1
!1/6#!8#/!("#-86#/!("#'("51!5 85167#53$/(!16#/#-!-5(%(!"1O85C
T\\VPF

-351!#61"#!-5(%(!!(2/"#8.16!)75(!16.686"1!78-.#/7##6-
%(-75!(2/ 7/&#/!(-C "# "1/"# 6# 1 7(#/# !1.1 68 351"8!71 8/ 5#7#/("1 1
5#7#/7"1#/5(48#!("1#/!1.31/#/7#6"#->8.1C6(#/"1.8=(/7#5#6/7#!1.1
#/785 (/7# /785-C 35 68 #.3-#1 #/ # ("6 O90#>C T\[[PF # #67# .1"1
!1/7(/9--)/#"#351:#!'.(#/71(/7#&5-"#--(.2/F

/351!#61' (78-C3167#5(15-!-5(%(!!(2/"#->8.1C#668!1/!#/75!(2/F-
.=15 !1/67(78=#/7# "#- >8.1 "# -(.2/ #6 #- &8C #-(.(/5- #6 %8/".#/7-
35 %!(-(75 68 -.!#/.(#/71C !1/6#5:!(2/ = 75/63157#F / #- 351!#61 "#
!1/!#/75!(2/ 6# 3(#5"#/ - .=15 357# "# !1.38#6716 51.7(!16 "#- >8.1C
5#"8!($/"16# (/!-861 '67 #- X_ "# - !/7("" (/(!(- O90#>C T\[[D 85C
T\\VPC "(6.(/8=# 9/ .6 -6 316( (-(""#6 "# %15.!(2/ "# 6 15#6 = 1-15#6
#<75016 = "#6&5" -#6 !1.1 !1/6#!8#/!( "# - "#&5"!(2/ "# #6716
!1.38#6716F

-&8/16 "# -16 !1.38#6716 (1!7(:16 .6 (.3157/7#6 "#- >8.1 "#
-(.2/ 61/ - :(7.(/ C -16 %-:1/1("#6 = -16 7#53#/16 "#- !#(7# #6#/!(-F
85/7#-%(-75!(2/7/&#/!(-"#>8.1"#-(.2/3568!-5(%(!!(2/6#"8/
3$5"("!6(717-"#-167#53#/16"#-!#(7##6#/!(-F#63#!71-:(7.(/=
-16 !("16 15&/(!16C - !-5(%(!!(2/ !1/--#: 8/ "#6!#/61 "#- 315!#/7+# (/(!(-
31!16(&/(%(!7(:1O85CT\\VPF

WX 
"&' 

NAQAOA1$31$-2)$+4*-2%31$-2

WY 
"&' 

6 #<(&#/!(6 -#&-#6 35 -16 %58716  "#67(/"6  68 75/6%15.!(2/ #67/
%(+"6 O
 OP ? TS\ULUSST      "#- VS "# .=1 "#
UFSSTPC "1/"# 6# #63#!(%(! -6 !1/"(!(1/#6 "# !-("" 48# "# #/ 5#8/(5 -16
%58716 #/75#&"16  - (/"8675( 61 5# 71"1 #/ !8/71  5#/"(.(#/716 "#
#<75!!(2/"#>8.1=!1/!#/75!(2/"#62-("1661-8 -#66#5#%(#5#F#51"#.6C
#<(67#/!1.31/#/7#6=.#/!(1/"16/7#5(15.#/7#!1.1#6#-!61"#-!#(7#
#6#/!(-C 48# !1/ 3#48#06 .1"(%(!!(1/#6 #/ 68 !1/!#/75!(2/C 1!6(1/6
&5:#6 351 -#.6 6#/615(-#6 #/ #- >8.1F 15 1751 -"1C #<(67#/ !1.31/#/7#6
5#-.#/7# :-(1616 "# -16 >8.16 !)75(!16C !1.1 38#"#/ 6#5E !("1 !)75(!1C
:(7.(/C%-:1/1("#6C!517#/1("#6#7!C!8=1#%#!71 #/#%(!(16135-6-8"
#6 = (#/ !1/1!("1 O#/:#/7#M
5!)C & FC TF\\ZD 186#%% = &=C TF\\WPF -
!1/1!(.(#/711 +#7(:1"#-!-("""#!":5(#""351!#6"="#68316( -#
:5(!(2/ "# ("1  -6 35!7(!6 !8-785-#6C >1/6 "# 351!#"#/!(C $31! "#
5#!1-#!!(2/C!1/"(!(1/#6!-(.71-2&(!6C!5!7#5)67(!6"#-%5871O7.01C)/"(!#
"#."85#>PC#(/!-861#/-6#736"#351"8!!(2/C!1/75( 8(5)-.#+15"#-
!-(""6#/615(-=/875(7(:"#-16>8.161 7#/("16F/:#>.6C#6(.3157/7#
5#6-75-"(%#5#/!(!(2/C48##/175163)6#66#--#:! 1C#/75#-16!8-7(:5#6
"#67(/"161("2/#1635#-!1/68.1#/%5#6!1=-1615(#/7"16-1 7#/!(2/
"#>8.16#/-(/"8675(F

4%2!1+$/14*-2A.$"-13$2 

<(67#C #/ - /(2/ 8513#C 8/ !2"(&1 "# 35!7(!6 O1PC 38 -(!"1 315  
O61!(!(2/ "# - /"8675( "# 8.16 = $!75#6 #/ 8513PC 6"1 #/ -
"#%(/(!(2/ "# 8/16 #67/"5#6 35 -16 "(%#5#/7#6 35.#7516 48# "#%(/#/ -16
"(%#5#/7#68.16=5#%#5#/!("16#/&8)635!"8.1F67166#1 7(#/#/"#-
/-(6(6"#71"6-6:5(#""#648#61/"##63#!(-(/7#5$635-(/"8675("#
351!#6"1#/!1/+8/71=!8=5#:(6(2/3#5(2"(!6#--#:! 13158/&5831"#
#<3#5716F48#61/.8!'16-16%!715#648#(/%-8=#/C7/71#/-.7#5(35(.
!1.1 #/ - !-("" %(/- "#- >8.1E #<35(.("1C 7.(>"1C !1/6#5:!(2/ O23#>C
TF\\XPC6#5)"(%)!(--(.3-/7!(2/"##67/"5#68/(:#56-#6F

- 6(67#. "# #<75!!(2/ 7. ($/ #6 8/ (.3157/7# !1/"(!(1//7# "# - !-(""

WZ 
"&' 

"#- >8.1 1 7#/("1C "# ("1  68 (/%-8#/!( "(5#!7 61 5# -16 6(&8(#/7#6
35.#7516E !1/7#/("16 #/ 62-("16 (/61-8 -#6 #/ &8 O PC 38-3C 3#!7(/6C
785 ("#>O/8 #PC!7(:(""3#!7(/#67#56(!OPC=!#(7#6#6#/!(-#6O%8#/7#C
TF\[XPC6#5)(/7#5#6/7#-!1.357(:#/75#-16#<(67#/7#6F

F F FF #6 - 5#35#6#/7/7# "# -6 61!(!(1/#6 "# 351"8!715#6C #/:6"15#6 =
!1.#5!(-(>"15#6 "# 8.16 = "#5(:"16  #/ - /(2/ 8513#F - 351326(71
&#/#5- "# F F F #6 5#35#6#/75C 351.1:#5 = 3517#&#5 -16 (/7#5#6#6
351%#6(1/-#6=!153157(:16"#-(/"8675(#8513#"#>8.16"#%5876F/"#
-635(/!(3-#6!7(:(""#6"#F F FF#6#-"#6551--1"#(/6758.#/716!1.1&8)6
"# 5#%#5#/!(C !2"(&16 "# 35!7(!6C #7!FC 35 #- #/#%(!(1 "# - (/"8675( "#
>8.16"#%5876C!1.1/7#5(15.#/7#!(7"1F6
8)6"#-16"(%#5#/7#68.16
6#&583/#/#-2"(&1"#35!7(!635-(/"8675("#8.16"# F

 / -6 &8)6 "#- 1 "# F F F 6# 5#!1&#/ 8/ 6#5(# "# :-15#6 "#
5#%#5#/!( 35 !1/6("#55  8/ >8.1 !1.1 !#37 -#F = "16 7(316 "#
35.#7516F

• 5.#7516F48#--1648#7(#/#/8/ 61-8715#48#5(.(#/715#63#!71
-!-("""#->8.1O)NASPF

• 5.#7516 F 48#--16 48# 7(#/#/ 8/ !5(7#5(1 5#-#:/7# 35 -
#:-8!(2/"#-("#/7(""=87#/7(!("""#->8.1O)2NAT9NAUPF

!1/7(/8!(2/6#(/!-8=#/-&8/16"#-1635(/!(3-#635.#7516"#-16&58316
= C "# -
8) "#- 8.1 "# (.2/ !1/ -16 :-15#6 "# 5#%#5#/!(F 6716
35.#7516 61/ !1/7(/8.#/7# 5#:(6"16 = !78-(>"16 !1/ /8#:6
38 -(!!(1/#61:-15#6"#8.1687$/7(!16351!#"#/7#6"#- /"8675(F

5.#751 /&1L-15 1.#/75(16

8.1 
+2$H"FI
"(5#!71E .(/

W[ 
"&' 

TFSU[

8.1
!1/!#/75"1E
.(/TFSVU

8.1 
"(5#!71E .(/
Z
;1$8
8.1
!1/!#/75"1E
.(/[

- !1/7#/("1 #67 68+#71  :5(!(1/#6



6#&9/:5(#""C."85!(2/=!1/"(!(1/#6
(/ETXS "# -.!#/.(#/71F - !1/7#/("1 #/
$- 2.1$-
!("1 6!25 (!1 #/ >8.1 %5#6!1 #67
H*"FI
-5#"#"15"#-16VSS.&LF

$32 -)3$)2 <ESCX 


H*)FI

3+-)H"FI <EVFS 

$-3$-H"FI <ESFU 

G$- )$- 135#6#/7 - M!("1 -(!1 /1 #67 35#6#/7# #/ #-
H*"FI %5871F #48#06 !/7(""#6 .#"("6
38#"#/"# #56#-.#71"1-1&)/-)7(!
6#&8("F

$- 4)!41-2- 135#6#/7 - !("1 68-%85161 /1 #67 35#6#/7# #/ -
H*"FI %587F (/ #. 5&1C - "(!!(2/ "#
68-%85161 #67 3#5.(7(" !15"# !1/ -
-#&(6-!(2//!(1/-="# #6#5!(7"1#/-
#7(48#7"#-351"8!71F

W\ 
"&' 

$1-8$*3$)!41!41) <EUS 
H*"FI

12 +$-93)22-2

12 +$-H*"FI <ESFT 

)-*-H*"FI <ESFU
/ 351"8!716 -.!#/"16 -16 :-15#6
-1H*"FI <EXFS .<(.16 "# '(#551 = #6701 61/ 316( -#6
3#51 /1 "# #5)/ 365 "# -16 -).(7#6
$+H*"FI <EXFS
1%(!(-#6F

$11-H*"FI <EXFS

23,-H*"FI <ETFS

141$-H*"FI <ESFST

*$-H*"FI <ESFSU

)NASA1*31-2A1*31-2!$+$$.+9)$A 4%)4*-$*.+A
-

 !1/7(/8!(2/ 6# "#7--/ -16 35.#7516 35 - #:-8!(2/ "# - "#/7("" =
87#/7(!(""C35.#7516"#-8.1"#(.2/C6#&9/ F -TFZF

5.#751  /&1 1.#/75(16

 !("#> #6 #6#/!(-.#/7# "#7#5.(/" 315 -


351315!(2/ "# !("1 !)75(!1 = #67 68+#71 
$:  /A
 UAN
 ZSSM\SS :5(!(1/#6F 16 :-15#6 (/"(!"16 !155#631/"#/
H*6)I
"#6"# WWF[ '67 YU &L- !-!8-"16 !1.1 !("1
!)75(!1/')"5("13F [FT

XS 
"&' 

$-%31$-H"FI  WXMYV 

16 >8.16 .#5(!/16 # 65#-)6 6# 6(79/ #/


G$- 2-%31$- 5/&16 #-#:"16C .(#/756 48# -16 >8.16 7-(/16
 UVSMXSS
H*"F)I #/ 5/&16 +16F -15#6 315 "# +1 "# -16 UVS
.&L/16#1 6#5:/F

6 !1/!#/75!(1/#6 "# !("1 !)75(!1 #67/


!155#-!(1/"6!1/-16"#M 61!)75(!1F"#.6C#-
57(1 38#"# 6#5 86"1 35 "#7#!75 8/
!("(%(!!(2/!1/!("1!)75(!1F7(16315"# +1"#
3$-@ 
TSS%8#51/#/!1/75"16#/-&8/16!616F2-1#/
<EUSS
-&8/16 !616 6# ' 683#5"1 #- 57(1 #/ UWSF
$31$-F 2-%31$- 
(#/756 48# -16 >8.16 7-(/16 .8#675/ -16
:-15#6 .6 -716 OT[S 351<PC #/ >8.16 "#
8".$5(!C -(%15/(C 630 # 65#- #67/
/15.-.#/7#315"# +1F

- M!("1 -(!1 "#3#/"# "# - 351!#"#/!(C 315


$675>2/#-:-15!#/75-/1#67"#%(/("1F8.16
48# 351:(#/#/ "# 8".$5(! #67/ /15.-.#/7#
315 - 357# -7 "#- 5/&1 = #- :-15 !#/75- #67
315 #/!(. "# W &LC >8.1 "#- 5# #"(7#55/#
G$-)$-H"FI  TFSMZFX
55:#>#<!#"#/"#W&L=7(#/#/8/:-15!#/75-
#/U&LF-&8/16>8.16 7-(/1638#"#/#675315
"# +1"#-5/&1F-15#6(/%#5(15#6T&L38#"#/
6#5 #- 5#68-7"1 "# 8/ "#&5"!(2/
.(!51 (1-2&(!F

16 :-15#6 "# !#/(>6 #67/ (/%-8#/!("16 #/75#

 1756 !166 315 - 7$!/(! "# #<75!!(2/F -


 UCVMWCV !1/7#/("1 #/ !#/(>6 /1 35#6#/7 !155#-!(2/ !1/
+$:2H"FI - 351!#"#/!( "# - %587F / !616 !1/ 8/ -71
!1/7#/("1+8/71!1/8/ +1315!#/7+#"#3176(1

XT 
"&' 

#/ -6 !#/(>6C #- >8.1 7(#/# 48# #675 (6-"1 "#
8/316( -#757.(#/71"#68-%(7"1F

-15#6 315 #/!(.1 "# VS .&L (/"(!/ 8/


351!#6"1 (/"#!8"1 1 757.(#/716
(/".(6( -#6F# ("1-16.$71"167#!/1-2&(!16"#
351!#6"1 86"16 #/ #- 351!#"(.(#/71 "# -
-$-H*"FI  <EVS #<75!!(2/"#-!#(7#"#-!157#>C#-!1/7#/("1#/
61"(1 38#"# #-#:56# '67 -16 WS .&LF 5
>8.1648#351:(#/#/"#!1/!#/75"16C-16:-15#6
38#"#/#675(/%-8#/!("1675:$6"#-&886"
35685#!1/67(78!(2/F

!1/!#/75!(2/"#3176(1#675#-!(1/"!1/-
"# !#/(>6F /75# >8.16 351!#"#/7#6 "# 3)6#6
"(67(/716 /1 6# '/ 1 6#5:"1 "(%#5#/!(6 #/ 68
-32$-H*"FI  TTSSMUSSS !1/!#/75!(2/F 1 6# '/ #/!1/75"1 :-15#6 315
#/!(. "#- -).(7# 683#5(15 "#-5/&1F2-1-&8/16
>8.16 (7-(/16 6# '/ 6(78"1 315 "# +1 "#-
-).(7#(/%#5(15"#-5/&1F

-!1/7#/("1#/.&/#6(1/1#675#-!(1/"1!1/
- :5(#"" /( #- 15(&#/ "# - %587F 5 >8.16
"+2$-H*"FI  ZSMTUS
351!#"#/7#6 "# !1/!#/75"16C -16 :-15#6 38#"#/
#675(/%-8#/!("16315#-&8"#5#!1/67(78!(2/F

-!1/7#/("1#/!-!(1#67.8=5#-!(1/"1!1/-
7#<785 "# - %587F - !1/7#/("1 #/ !-!(1 #6
1 6#5:"1 #/ >8.16 351!#"#/7#6 "# 5#&(1/#6
#"(7#55/#6C -16 !8-#6 38#"#/ 61 5#365 #-
)$-H*"FI  WXMTYS
:-15 .<(.1 #63#!)%(!1C 48# 31"5) 6#5 5#68-7"1
"#-7#!/1-1&)F-15#6315"# +1"#-16XS.&L
55 :#> 6# '/ 1 6#5:"1F 5 >8.16
351!#"#/7#6 "# !1/!#/75"16C -16 :-15#6 38#"#/

XU 
"&' 

#675(/%-8#/!("16315#-&8"#5#!1/67(78!(2/F

!6(1/-.#/7#6#'/-!/>"1:-15#6!#5!/16
- .)/(.1F 1 '= !155#-!(2/ 5#63#!71 -
!1/7#/("1 #/ %16%151 = - 351!#"#/!( "# - %587
/-(>"C /1 1 67/7# -1 >8.16 7-(/16 =
-2!-1-H*"FI [SMTXS
6301-#6 7(#/"#/ '!( :-15#6 +16F -
315!#/7+# "# %16%151 #/ -6 !#/(>6 #6
(/"#3#/"(#/7#  "# - 351!#"#/!( "# - %587 =  #-
5/&1#67#/75#UCXMWCXF

16-(.1/#6/1 615 #//(75716D#/-351"8!!(2/


"#->8.1"#-(.2/=C!1.15#68-7"1"#-7$!/(!
"# 351!#6"1C -  615!(2/ "#- /(7571 /1 #6
316( -#F 15.-.#/7# -16 >8.16 "# -(.2/ 7(#/#/
$313-2H*"FI <FTS
8/ !1/7#/("1 #/ /(75716 .#/15  X .&LF 5
>8.16 351!#"#/7#6 "# !1/!#/75"16C -16 :-15#6
38#"#/ #675 (/%-8#/!("16 315 #- &8 "#
5#!1/67(78!(2/F

/ >8.16 68-%(7"16 #- :-15 .<(.1 38#"# 6#5


4)!3-2HQIH*"FI <FTSS
61 5#36"1F

+$  -1*-) / >8.16 "# 351!#"#/!( (/"8675(- -16 :-15#6 6#
TVMUY
H*)
M?NFNMM*)I 351<(./.8!'1-5/&1#67 -#!("1F

- !1/7#/("1 #67 -7.#/7# (/%-8#/!("1 315 -


7#<785 "# - %587 = - 7#!/1-1&) 3-(!"F
"(!(1/#6 "# 38-3 1 3(#- 38#"#/ #-#:5 68
)6-+-$2H*"FI <FTXSS
!1/7#/("1F  #5(1!(75(/ #6 #- %-:1/1("# .6
!5!7#5)67(!1 "# -16 -(.1/#6 = -(.6F - !1/7#/("1
#/ '#63#5("(/ -1 "#7#5.(/"16 .#"(/7# 

XV 
"&' 

!1/8/5/&1!1.35#/"("1#/75#-16USSM[SS.&L
35>8.16785 (16F5351"8!716!-5(%(!"16-16
:-15#6 (/"(!"16 61/ (/%#5(15#6C #63#!(-.#/7# #-
"# '#63#5("(/F - !1/7#/("1 #/ /5/&(/ #6 -
.=15)"#-61!6(1/#6683#5(15TS.&LF

- !1/7#/("1 #/ 6867/!(6 3#!7(!6 #67


(/%-8#/!("1 315 - 7#<785 "# - %587 = -
7#!/1-1&) 87(-(>"F 63#!(-.#/7# #- !5#!(.(#/71
3$+ 2-)4) + #/>8.16 7-(/16# 65#-)6"#6867/!(63#!7(!6
<FZSS
"4H*"FI %8#51/"# ("1-7#!/1-1&)87(-(>"F/&#/#5-C
-16 :-15#6 "# >8.16 351!#"#/7#6 "# -6 5#6
#"(7#55/#6 61/ .=15#6 48# -16 351!#"#/7#6
"#17565#&(1/#6F

)4-2H"FI VMTU 

143-2H"FI VMTT 

7(16
-8!16L 58!716 (/%#5(15#6  T #6 551D
:-15#6 (/%#5(15#6  SC\X (/"(!/ 8/ -71 &5"1 "#
"#&5"!(2/ .(!51 (1-2&(! "# - &-8!16F 7(16
3$- 315 #/!(. "# TCU 61/ !1/6("#5"16 !1.1 8/
SC\XMTCV
)4-2F143-2 #<!#3!(2/F  .=15 !1/!#/75!(2/ "#
-8!16 =
58!716#67"#7#!7"#/>8.16!1/351!#"#/!(
65#-)F/-&8/6!616C-16>8.16 65#-)6#<!#"#/
"#--).(7#683#5(15"#-5/&1F

1-2H"FI <FZ 

 !/7("" "#- #<75!71 "# >9!5#6 -( 5#6 #6


35(/!(3-.#/7#"#7#5.(/"175:$6"#-!1/7#/("1
8313-  :512
YXM[U #/ !("1 "#- >8.1F 63#!(-.#/7# -16 >8.16
)$12H"FI
8".#5(!/167(#/"#/#675#/-357#-7"#-
5/&1C .(#/756 48# -16 "# - >1/ #"(7#55/#

XW 
"&' 

#/-357#(/%#5(15F

)NATA1*31-2A1$31$-2/1)6)4$.+)$+3$943+3$$)
:4*-)$*.+A 4%)4*-$*.+A-

. ($/6#(/!-8=#/-16:-15#6"#.(/1!("16F

5.#751  /&1 1.#/75(16

$-2/13$-  VSSM[SS

1-+$+  TSMVS
 !1/!#/75!(2/ "# 351-(/ "#3#/"#
1$+  TVXMVZS "(5#!7.#/7# "# - 351!#"#/!( "# - %587F

2/1"$+  TVSMYSS 8.16 8".#5(!/16 35#6#/7/ -16 :-15#6


.6 +16 "# 351-(/D #/ -&8/16 !616 315
$- )43*$-  TYSMWSS
"# +1"#-16TSS&LF16>8.16351!#"#/7#6
)43*$+  <FWX "#- 5# #"(7#55/# 35#6#/7/ :-15#6 315

1-)$+  TSSM[SS #/!(. "# -16 VXS .&LC 61 5#36/"1 #/


-&8/16!616-16[SSF/>8.16"# 7-(C'=
)$$+  ZMUX
8/!(#577#/"#/!(1 6#5:5:-15#6"#!("1
)+$+  [SMUYS 6357(!1 .8= +16C 6(/ #. 5&1C -16 :-15#6

)$+  [MVX "# !("1 &-87.(!1 #67/ #/ - >1/ #-#:"
"#- 5/&1F (/&9/ >8.1 #67 315 "# +1 "#-
3$-+$+  <FX
.)/(.1:-15"#!("16357(!1D:-15#6#/-
2-G4$+  VMTS 357# -7 "#- 5/&1 !155#631/"#

4$+  VMTS #63#!(-.#/7#>8.16"#-(.F/


-&8/16 !616 :-15#6 #/ #- -).(7# 683#5(15 "#
$1-2$+  <FZ
6#5(/ = -/(/ 38#"#/ 6#5 -(&#5.#/7#
+$))+$+  [MWS #<!#6(:16F / 8.#/71 #/ #- !1/7#/("1 #/
$2$+  XMUS 5&(/(/(/"(!#-861"#>8.16351!#"#/7#6"#
1756#63#!(#6"#!)75(!16F

$23$$+  <FTS

1"$+$+  <FTSS

)NAUA1*31-2A*$+-$-2H*"FI

XX 
"&' 

1"16#6716!5(7#5(16+8/716%15./-
8)"##%#5#/!(35#-8.1"#(.2/F
8!78-(>!(2/6#'!#!"Y.#6#63158/1.(7$"##<3#5716(/"#3#/"(#/7#
48##:-9-1675 +1648#61 5##-7#.6#'=/'#!'1F

(/7#535#7!(2/"#-!-(""=87#/7(!("""#8/>8.1C8/:#>/-(>"16-16
35.#7516 #<38#6716C "# # '!#56# 315 8/ &5831 "# #<3#5716 35 #:(75
#5515#6 = "# # #:-856# 7#/(#/"1 #/ !8#/7 %!715#6 /-)7(!16 = 17516 !1.1
351!#"#/!(C!-(.71-1%&)C#7!F

NARA*$-)$*3$-

- !. (1 !-(.7(!1 6# 5#%(#5#  !8-48(#5 !. (1 #/ #- #67"1 "#- !-(.
48# 38#"# 6#5 ("#/7(%(!"1 315 8/ :5(!(2/ 3#56(67#/7# "# 686 3513(#""#6
"85/7#8/3#5(1"1"#7#5.(/"1"#7(#.31C/15.-.#/7#5#%#5("1"$!"61
(/!-861 3#5(1"16 .=15#6F - !. (1 !-(.7(!1 38#"# 6#5 "# ("1  351!#616
/785-#6 (/7#5/16 1 %8#5>6 #<7#5/6 7-#6 !1.1 -16 !(!-16 61-5#6C #583!(1/#6
:1-!/(!6=!. (16/75131&$/(!16#/-!1.316(!(2/"#-7.26%#51"#-861
"#- 68#-1F #&9/ J'# /(7#" 7(1/6 5.#;15, 1/:#/7(1/ 1/ -(.7#
'/&#K O PC #/ 68 57)!8-1 TC 6# "#%(/# !. (1 !-(.7(!1 !1.1E J/
!. (1 !-(.7(!1 48# #6 75( 8("1 "(5#!7 1 (/"(5#!7.#/7#  - !7(:(""
'8./-!8--7#5-!1.316(!(2/&-1 -"#-7.26%#5=48#5#35#6#/78/
!. (15#63#!71-:5( (-(""/785-"#-!-(."85/7#8/3#5(1"1"#7(#.31
!1.35 -#KF "#.6C -   '!# "(67(/!(2/ #/75# #- !. (1 !-(.7(!1

XY 
"&' 

75( 8("1  - !7(:("" '8./ -7#5/"1 - !1.316(!(2/ 7.16%$5(!C = -
:5( (-(""75( 8("!866/785-#6F

85/7# -6 9-7(.6 "16 "$!"6C #- 6#&8/"1 &5831 "# 75 +1 "#-
J /7#5&1:#5/.#/7-/#-1/-(.7#'/&#KO PC'"#6551--"18/6#5(#
"# #:-8!(1/#6 61 5# (.3!716C "37!(2/ = :8-/#5 (-("" /7# #- !. (1
!-(.7(!1F - (/%15.# XC "#6551--"1  357(5 "#- J /%15.# WK OUSSZP = #-
J /%15.#63#!(-61 5#/#+1"#-16(#6&16"#:#/716<75#.16=#6675#6
!1.1 "37!(2/ - . (1 -(.7(!1K 38 -(!"1 #/ USTUC 5#%-#+C  15"/"1
"#6"# 8/ #/%148# .8-7("(6!(3-(/5 = 5#&(1/-C 8/ #<7#/6 6# ( -(1&5%(!
61 5#-16"(%#5#/7#6(.3!716"#-61!(#""#/#--(.O 
CUSTWPF

&#/!(677-"##7#151-1&)1%5#!#C75:$6"#683-7%15.1/
-(/#C 8/ 6#5(# "# #678"(16 = &5%(!16 61 5# - 7#/"#/!( #:1-87(: "#- !-(. #/
630 '67 #- 01 UTSSF (!'16 &5%(!16 61/ 5#68-7"1 "# !1.3-#+16 #678"(16
--#:"16  ! 1 "# .1"1 &-1 - = 48# '/ 6("1 #<7531-"16  -6 6(78!(1/#6
-1!-#6 7#/(#/"1 #/ !8#/7 "(:#5616 %!715#6 48# !1.30/  -16 "(%#5#/7#6
%#/2.#/16 .#7#151-2&(!16 7-#6 !1.1 !155(#/7#6C &#1&5%) = 5#-(#:#C
!5#!(.(#/71 "#.1&5%(!1C )/"(!#6 "# !1/7.(/!(2/ 1 !(!-16 /785-#6 !1.1 #-
%#/2.#/1"#J-/(01KF

$"41NAOOA$"1*)2$23*$11A ?NVVQ  


16.1"#-16"#!. (1!-(.7(!1!1.1#-5#%-#+"1#/-%(&85UU61/.#/8"1
1 +#71"#/8.#5166!5)7(!6"# ("1-!/7("""#%!715#648#(/7#&5/F1
1 67/7#C -6 7$!/(!6 "# #67(.!(2/ = 35#:(6(2/C 6) !1.1 - (/7#&5!(2/ "#
/8#:16#678"(16=7#15)6'!#/48#!":#>6#/.6!1.3-#716F1/.8!'6
-6 "(6!(3-(/6 48# 7(#/#/ 48# 31575 68 &5/(71 "# 5#/ 35 !1.3-#75 -16
.1"#-16"#!. (1!-(.7(!1F15#+#.3-1#-!. (135#:(671#/#-861"#-68#-1
:(/!8-"1  68 :#> !1/ - #516(2/ = #- !5#!(.(#/71 #!1/2.(!1M"#.1&5%(!1 "#
3)6#6 #.#5&#/7#6 O##./6 & C USTWPF 16 .1"#-16 .6 :/>"16 61/ -16
J
#/#5-(5!8-7(1/1"#-6KO
6P=48#6(.8-/-6!5!7#5)67(!6#63!(1M
7#.315- "#- 6(67#. !-(.C = -16 .1"#-16 J!-=!-#K 48# 6(.8-/ #- !1/+8/71
&-1 -"#!-(.F16.6"(:#5616&58316"#.1"#-166#!-6(%(!/315(.3!716F

XZ 
"&' 

8!'16
6#!715#6
'/

"#6551--"1 68 3513(1 .1"#-1 "# #67(.!(2/ 7#/(#/"1 #/ !8#/7 8/1 1 .6
63#!716"#-!. (1#/-!1.316(!(2/"#-7.16%#5=L1#-!. (1!-(.7(!1F
/ 357(!8-5 -16 .1"#-16 &51/2.(!16C '("51-2&(!16 = #!1-2&(!16 61/ #+#.3-16
"# #6716 "#6551--16F 16 #6%8#5>16 '15 6# !#/75/ #/ 5.1/(>5 - &5/
!/7("" "# (.3!716 35 #67/"5(>5 = .#+155 - .#71"1-1&) #.3-#"
O57#5&FCT\\WPF

/1"#-16.1"#-16.6#<7#/"("113138-5(>"16%8##- 
U3#51
='/685&("1!1.3#7("15#648#6#"37/.#+15/(:#--1!- 15#&(1/-F1
1 67/7#C -16 .1"#-16 #:1-8!(1// !1/67/7#.#/7# !1/ .#+15#6 -&15(7.16C
.#+15"(6#01"##6!#/5(16#(/!15315!(2/"#"(%#5#/7#6"(6!(3-(/6F

1/71"1#671C#6/#!#65(15#-(>58/"#%(/(!(2/7$!/(!"#J#6!#/5(1KF
16 #6!#/5(16 61/ (.&#/#6 -7#5/7(:6 "# -1 48# 31"5) !1/7#!#5 #/ #-
%87851C = !1/67(78=#/ 8/ (/6758.#/71 3513("1 35 /-(>5 "# 48$ ./#5
(/%-8(5/ -6 %8#5>6 "#7#5.(//7#6 #/ -6 #.(6(1/#6 %87856C = 35 #:-85 #-
.5&#/"#(/!#57("8. 5#"#"(!'1/-(6(6F16#6!#/5(1661/"#87(-(""35#-
/-(6(6 "#- !. (1 !-(.7(!1C = #/ 357(!8-5 35 - !5#!(2/ "# .1"#-16 "#-
!-(.C35-#:-8!(2/"#-16(.3!716=35-6(/(!(7(:6"#"37!(2/="#
.(7(&!(2/F  316( (-("" "# 48# #/ - 5#-("" -6 #.(6(1/#6 #:1-8!(1/#/ 7-
!1.16#"#6!5( ##/-&8/1"##6716#6!#/5(16#6.8=5#.17O
5831  C
USSSPF

X[ 
"&' 

$"41 NANPA )4231$.+ 204*3$  )-2 2+1$-2 GA 14/-   31'- )
?OMMM

8751 -)/#6 #:1-87(:6 !8-(77(:6 351315!(1// !8751 !1/+8/716 "#


#6!#/5(16 "#/1.(/"16 J%.(-(6KE TC UC T = U O (&85 UWPF / 717-C 6#(6
#48(316 "# .1"#-(>"15#6 "#6551--51/ WS #6!#/5(16 MF 1"16 #--16 61/
(&8-.#/7#:-("16C=/17(#/#/6(&/"6351  (-(""#6"#'!#56#5#-(""F-
!1/+8/71"##6!#/5(166#!1.31/#"#6#(6&58316"##6!#/5(1671."16"#-6
!8751%.(-(6E8/&5831"#!"8/"#-6%.(-(6TCT=UC=75#6&58316"#
- %.(-( TC 48# !5!7#5(>/ #- "#6551--1 -7#5/7(:1 "# 7#!/1-1&)6 "#
#/#5&)E T  O87(-(>!(2/ (/7#/6(: "# !1. 867( -#6 "# 15(&#/ %26(-PC T
O#48(-( 5"1P = T O35#"1.(//7#.#/7# !1/ !1. 867( -#6 /1 "# 15(&#/ %26(-PF
#/751 "# !" %.(-( = &5831 "# #6!#/5(16C -&8/16 "# #--16 !1.357#/
6838#6716J5.1/(>"16K61 5#-31 -!(2/.8/"(-C#-351"8!71(/7#5(15 5871
=-#/#5&)%(/-F6716#67/.5!"16!1/-16&58316"#-#756J KC#/#-!61
"#-16#6!#/5(165.1/(>"16C=!1/JK35-16#6!#/5(1648##<3-15/-6
(/!#57("8. 5#661!("6-6%8#5>6"#7#5.(//7#6.6--"#-16#6!#/5(16
5.1/(>"16F#(/"(!7. ($/#-/9.#51"##6!#/5(16"#6551--"16#/!"
!7#&15)F5!"8/1"#-166#(6&58316"##6!#/5(166#1%5#!#8/#6!#/5(1
(-86757(:1 O48# 6#5 6(#.35# 5.1/(>"1PF / #- 351!#61  (#571 "#- M "#

X\ 
"&' 

T\\[ 6# 87(-(>51/ !8751 351=#!716 "# #6!#/5(1 (/"(!7(:16C 8/1 35 !"
%.(-(F#(/!-8=#/7. ($/17516"16#6!#/5(16(-86757(:16"#-16&58316T =
TC !1/ -1 48# 6# 1 7(#/# 8/ 717- "# 6#(6 #6!#/5(16 (-86757(:16 "# 71"16 -16
&58316"##6!#/5(16F1"16#--1661/(&8-.#/7#!155#!716O CUSSSPF

(/#. 5&1C#/#-01UTSS#-.8/"1' 5#<3#5(.#/7"1!. (1648#


5#68-7 "(%)!(- (.&(/5C 7/ "(%)!(- !1.1 ' 5) 6("1 !1/!# (5C  %(/-#6 "#- 6(&-1
 C -16 !. (16 !#!("16 #/ -16 TSS 016 68 6(&8(#/7#6F " -)/# #:1-87(:
#67 6" #/ 8/ "(5#!!(2/ "# -16 !1/7#!(.(#/716 %878516 !-5.#/7#
"(%#5#/!("C"#7-./#548#-6!8751-)/#6#:1-87(:6"(%(#5#/!1/8/&5"1
"#(55#:#56( (-(""!5#!(#/7#F/68!1/+8/71C"#6!5( #/%878516"(:#5&#/7#648#
!8 5#/8/357#!1/6("#5 -#"#-6(/!#57("8. 5#6(/'#5#/7#6-635(/!(3-#6
%8#5>6"#7#5.(//7#6F 5!/8/&5/"(:#56("""#!5!7#5)67(!6J%87856K
"#!(6(:6C !1.1 #- !. (1 "#.1&5%(!1C #- "#6551--1 #!1/2.(!1 1 #- !. (1
7#!/1-2&(!1F 15 #6 5>2/C 68 3-86( (-("" 1 68 :( (-("" /1 "# #5)/
!1/6("#556# 61-.#/7# #/ 6#  8/ #<7531-!(2/ "# -6 7#/"#/!(6
#!1/2.(!6C7#!/1-2&(!6=61!(-#6!78-#6O
5831  CUSSSPF

 -)/# #:1-87(: = %.(-( "# #6!#/5(16 T "#6!5( # 8/ .8/"1 %87851
!1/ 8/ 53("1 !5#!(.(#/71 #!1/2.(!1C 8/ 31 -!(2/ .8/"(- 48# -!/> 68
:-15.<(.1'!(.#"("16"#-6(&-1="(6.(/8=#3167#5(15.#/7#C=8/53("
(/751"8!!(2/ "# 7#!/1-1&)6 /8#:6 = .6 #%(!(#/7#6F 86 !5!7#5)67(!6
"(67(/7(:6 .6 (.3157/7#6 61/ - !1/:#5&#/!( #/75# 5#&(1/#6C - !5#!(2/ "#
!3!(""=#-8.#/71"#-6(/7#5!!(1/#6!8-785-#6=61!(-#6C!1.30"6
"#8//17 -#5#"8!!(2/"#-6"(%#5#/!(65#&(1/-#6#/!8/71(/&5#616315
' (7/7#F%.(-("##6!#/5(16T6#"#6551--#/75#6&5831648#"#6!5( #/
"(5#!!(1/#6-7#5/7(:6"#-!. (17#!/1-2&(!1#/#-6(67#."##/#5&)F1675#6
&58316 T 6# "(%#5#/!(/ #/ 68 15(#/7!(2/ 7#!/1-2&(!E 87(-(>!(2/ (/7#/6(: "#
!1. 867( -#6 "# 15(&#/ %26(- OT PC 87(-(>!(2/ "# %8#/7#6 "# #/#5&) /1 "#
15(&#/%26(-OTPC187(-(>!(2/#48(-( 5""#71"17(31"#%8#/7#6OTPO
5831
 CUSSSPF

YS 
"&' 

 %.(-( "# -)/#6 #:1-87(:6 = #6!#/5(16 U "#6!5( # 8/ .8/"1 .8=
'#7#51&$/#1F 86 !5!7#5)67(!6 .6 "(67(/7(:6 61/ - 87168%(!(#/!( = -
!1/6#5:!(2/ "# -6 ("#/7(""#6 -1!-#6F 6 3876 "# %#57(-("" #/ #- !1/+8/71
"#-65#&(1/#6!1/:#5&#/.8=-#/7.#/7#C!1/-148#6#1 7(#/#8/31 -!(2/
.8/"(- #/ !1/7(/81 !5#!(.(#/71F - "#6551--1 #!1/2.(!1 #67 15(#/7"1
6(!.#/7#-65#&(1/#6C=#-!5#!(.(#/71#!1/2.(!1315' (7/7#6)!1.1
#- !. (1 7#!/1-2&(!1 #67/ .6 %5&.#/7"16 = 61/ .6 -#/716 48# #/ 1756
-)/#6#:1-87(:6O
5831  CUSSSPF

 %.(-( "# -)/#6 #:1-87(:6 = #6!#/5(16 T "#6!5( # 8/ .8/"1
!1/:#5&#/7# !1/ 8/ .(6. 31 -!(2/ .8/"(- 48# -!/> 8/ .<(.1 '!(
.#"("16 "#- 6(&-1 = "#6!(#/"# 3167#5(15.#/7#C !1.1 #/ - -)/# #:1-87(: TC
3#51 !1/ 53("16 !. (16 "# -6 #6758!7856 #!1/2.(!6 15(#/7"16  8/
#!1/1.)"#6#5:(!(16="#(/%15.!(2/C!1.30"16"#8/87(-(>!(2/.#/16
(/7#/6(: "# -16 .7#5(-#6 = "# - (/751"8!!(2/ "# 7#!/1-1&)6 -(.3(6 !1/ 8/
351:#!'.(#/71 #%(!> "# -16 5#!85616F / #-- 6# " 35#31/"#5/!(  -6
61-8!(1/#6"#15"#/.8/"(-#/!.(/"6-6167#/( (-(""#!1/2.(!C61!(-=
.#"(1. (#/7-C6)!1.18/.=15(&8-""C3#51#/86#/!("#(/(!(7(:6
"(!(1/-#6#/5#-!(2/!1/#-!-(.O
5831  CUSSSPF

 %.(-( "# -)/#6 #:1-87(:6 = #6!#/5(16 U "#6!5( # 8/ .8/"1 #/ #-
48# 35#"1.(// -6 61-8!(1/#6 -1!-#6  - 6167#/( (-("" #!1/2.(!C 61!(- =
.#"(1. (#/7-F 6 8/ .8/"1 !8= 31 -!(2/ 8.#/7 351&5#6(:.#/7#  8/
5(7.1.#/1548##/UC!1/8/16/(:#-#6"#"#6551--1#!1/2.(!1(/7#5.#"(16C=
!1/ 8/ !. (1 7#!/1-2&(!1 .#/16 53("1 = .6 "(:#561 48# #/ -6 -)/#6
#:1-87(:6 T = TF 8/48# #67# #6!#/5(1 #67 7. ($/ 15(#/7"1  -
3517#!!(2/ "#- .#"(1 . (#/7# =  - (&8-"" 61!(-C 6# !#/75 35(/!(3-.#/7#
#/-16/(:#-#6-1!-=5#&(1/-O
5831  CUSSSPF

YT 
"&' 

$"41NAOQA*$2$-+2$.8$-1-+-*4+$)2+"$"3-+)21-+-
H 3F,-IA2+1$-2A4+3 14/-  ?OMMM

 !1/7(/8!(2/C -16 &5%(!16 "# -  (-8675/"1 -16 .1"#-16 "#
!. (1 !-(.7(!1  /(:#- /!(1/- = 5#&(1/- 315 !7#&15)6F (!'16 &5%(!16 61/
5#68-7"1"#-"37!(2/C/(:#--1!-C"#-16.1"#-16/7#5(15#6"#6551--"16
315 F

YU 
"&' 

$"41NAORA*$-2+)/1$/$3$.+?3*/1341*8$*?$+3+2$))46$9%2
))46$+)-*4+$)+$+AOMNQ

#&9/ -6 #67(.!(1/#6 "# - C 6(&8(#/"1 -16 .1"#-16 "#- C #-
!-(.6#!5!7#5(>5315-.=15%5#!8#/!("##3(61"(16#<75#.16"1/"#-6
35#!(3(7!(1/#6 "(6.(/8(5/ - (&8- 48# -1 '5/ -16 ")6 "# --8:( /8-#6F
 5/ .6 #3(61"(16 "# /1!'#6 7513(!-#6C "1/"# - "(%#5#/!( #/75#
7#.3#5785"(85/=/1!785//16#57/!#/78"F%#!7148#6#!#/79-
(/!5#.#/75-(/7#/6("""#-6--8:(6F

)2 +3+2$*$+4+#-1H**F#I
$ (-#6 bU
1"#5"6 aU=bTX
8#57#6 aTX=bVS
8=%8#57#6 aVS=bYS

YV 
"&' 

155#/!(-#6 aYS
)NAVA)2$!$$.+)$+3+2$))46$2A

- .(6.1 7(#.31 -6 7#.3#57856 .<(.6 8.#/75/ 7(#/"1 -16


5#!15"65#&(675"16'67#-.1.#/71F

,-OMNQA

/ #- 01 USTW 6# 5#&(67551/ 7#.3#57856 (/868-#6 "#- &8 "#- .5
--#&/"1:-15#6"#UX?#/-6!1676"#-#:/7#35-16.#6#6"#!78 5#=
35(/!(3(16 "# 1:(#. 5# = --8:(6 7155#/!(-#6 !1/ #3(61"(16 "# J
17 %5)K #/
#37(#. 5#F  "#.6 6# 5#&(67551/ U 016 "# 6#48) .#7#151-2&(!
/7#5(15.#/7#F

$"41NAOSA3-2*3-1-)."$-2OMNQ+2/,

-35#6#/7##678"(16# 6#/#-#678"(1"#-1635.#7516"#!-("""#>8.1
"#-(.2/"#%587165#!1&("16-1-5&1"#-.#6"# 8/(1"#USTWF#5(1"1#/#-
48# 6# 5#&(67551/ '67 "16 #3(61"(16 "# --8:(6 !-6(%(!"6 !1.1 J%8#57#6K =
J.8=%8#57#6KC7568/3#5(1"1"#6#48)"#V016O 8/(1USTWPF

YW 
"&' 

"#.6 6# 5#!1&(#51/ "716 !-(.7(!16 "# - #67!(2/ .#7#151-2&(!


6(78" #/ -6 (/67-!(1/#6 "# - 6!8#- 1-(7$!/(! 83#5(15 "# 5('8#-
OFFFFPF##67#.1"16#35#7#/"#:(/!8-5-16#%#!716"#8/!-(.#<75#.1#/
-16"(%#5#/7#635.#7516"#->8.1"#-(.2/F

15 1751 -"1 6# #678"(5/ -16 5#68-7"16 1 7#/("16 #/ 8/ #678"(1
35-#-161 5#!5!7#5(>!(2/"#>8.1"#-(.2/#6301-87(-(>/"1-6!.306
USSULSVCUSSVLSW=USSWLSXC"#.6"#-(/%15.!(2/!-(.7(!%!(-(7"315-


YX 
"&' 

YY 


CAPÍTULOII


 

  @5"3'+"4:,#5/!/4



L@     


M@L@5"3'+"4:,"5/!/+/%("41" ($' !"+1'56+/ @B3 5"3'; '0-


!"+;6,/!"+',0-"41./+F
 F@G63,@GAA

M@L@L@3/!6 '0-!"6,/!"+',0-

3 + 3!+&;&0- ! !45! !456 &/ 4! 4!+!&/-3/- /4 83&!  !4 5'1&4 !
+&,0- 6+5&8 4 !- 63&E O!3-O : O&-/OF /4 +&,/-!4 #6!3/- 13/1/3&/- /4 1/3
&#!3!-5!4 #3&4 +/+!4 ! !953&0- : 13/!4 / ! ;6,/4 '53&/4F /4 +&,/-!4
#6!3/-13/!4 /4!-++-5&+/5/ !+-&8!34&  &$6!+
!3-- !;C26!#/3,
135! !++&-; J /31FC// !%13+!953&0- !;6,/F+!9535/3
65&+&; /13+!953&0-#6!13/1/3&/- /1/3 // !%C4!13- /!+;6,/
! +/4 /53/4 /,1/-!-5!4 ! + #365C 1!3,&5&!- / + /5!-&0- ! 6- ;6,/ ! +5
+&  F-8!;/5!-& /!+;6,/C4!4!130+16+1!-4641!-4&0- !+;6,/!-6-
#&-&4%!3C26! - /7-&,!-5!]FVWe !16+113!&1&5+!F/8!-5: /4,6!4534
! ;6,/ ! +&,0- 4&- 16+1 4! /-!-533/- !- 6- !81/3 /3 ! 1!+'6+
!4!- !-5! K -/914!3C /+&- ! !$63C 63&C 41.L /- 6- #+6)/ !
+&,!-5&0- !VUUI%:!#!5/ !8'/ &5&/F+!81/3 /3!+&,&-+,:/3
135! !+ $6 %45 26! !+ ;6,/ +-; 6- +5 /-!-53&0- ! ;73!4 K[Z
<3&9LF 4 ,6!4534 #6!3/- 3!/+!5 4 63-5! 53!4 ,1.4 &#!3!-5!4 KWUUWJ
WUUXC WUUXJWUUYC WUUYJWUUZL : 4! -+&;3/- 1/3 61+& / /-#/3,!  +/4 ,"5/ /4
!43&5/4/-5&-6&0-F

M@M@5"3'+"4:,"5/!/+/%("41" ($' !"+1(56+/ @B456!'/4/3"
+/4 "$" 5/4 !"+ ,'/ +',5' / "- +/4 13,"53/4 !" +'!! !" ;6,/
!"+',0-"41./+F'5364+',/-F@G63,G

M@M@L@3/ "!','"-5/!""953 '0-13+13/!6 '0-!"6,/!"+',0-

[Z 
 


! 3!+&; 6- 4!+!&0- ! + ,5!3& 13&,C !- + 26! 4! !+&,&- + #365 !- ,+
!45 /C3/5/ !5!3&/3 :3!45/4 !%/)4C5&!33C!5F!416"44!13/! !++8 /
!+#365/-$613!4&0-: !5!3$!-5!JX^Z !// !%CK*!+- C+C
FFLF#3654!/- 6!6-+&3 /3 !3/ &++/4 ! // !%CK*!+- C+C
FFLC !- !+ 26! !4 4!13  !- #3&/-!4 ! 5++ /,13!- &  !-53! 8+/3!4
-/3,+&; /4!-#6-&0- !+5,./ !/1!-+26!4!813/!43: !+!-4:/
3!+&;3F#365C6-8!;+&3 C4! &453&6:!!-#3&/-!4 !1!4//-/& /K !
WU  XU $L ! ,-!3 +!5/3& !- 53!4 /-5!-! /3!4 &#!3!-5!4F + 1!4 / ! +4
#3&/-!4 4! 3!+&; !- 6- +-; ! / K+/!- 4C  3& C 41.L 6:/
1!4/,9&,/4/-VUU $:13!&4&0-iUFUZ*$F 136! !!953&0-4!3!+&;1/3
53&1+& /F
 !953&0- !+ #365/ 4! 3!+&; !- 6- !9535/3 &- 6453&+  G - &-!HC ,/ !+/
W^V ! \Z $/+1!4 1/3 ,&-65/C !26&1  /- &-/ /14 ! !953&0-C /4 /-
/-#&$63&0-  K45- 3L / -/3,+ K4&- 3!453&5/3L : 53!4 /- /-#&$63&0-  
K3!,&6, 6&! 9535&/-L / ,!)/3  !  //  !%C K*!+- C +C FFL
/-8!-&!-5!,!-5!,/ &#& 413+/4!-4:/4!-1+-51&+/5/F/4/,1/-!-5!4 !
!953&0-65&+&; /44!3!/$!-!-+4&$6&!-5!5+E
    

 MNDSC NC NC OC OC


$#$  !  NDOH NDOH LC LC LLDOC
"#!# !    RDLQC3%/ 
#!!+$ #! , K@KOKC K@KOKC K@KOKC K@KOKC K@KOKC
## EEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEENDOHEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
+M@L@/-$'%63 '0-"953 5/3@'+/5/

 /-#&$63&0- ,!)/3  % 1!3,&5& / 3! 6&3 + 135! !+ #+8! / 26! !-53 !-
/-55//-!+;6,/:26!13/! ! !+510- !/35!;!953' /1/3+&0- !+/4
/35 /3!4 !+/1461!3&/3!&-#!3&/3 !+!9535/3K/3!LF+ &,!53/,9&,/
!+/35 /3!-+/-#&$63&0-,!)/3 4!% &4,&-6& /%456- &,!53/&-#!3&/3
VHK!-+4/14 !WHXI]:XH L+/26!1!3,&5!+/$336-,!-/3/-5!-& / !!&5!
!4!-&+!-!+;6,/K3/44 FCVF^^X:63 FCWFUUWL+5,./ !+4/14:

[[ 
 

+5++015&, !+#36513/!43!4 !WHXI]1313/!4 / !#365/- &,!53/


+5&56 &-+ &-#!3&/3  [[ ,,C XH  : XH 13 #365 6:/ &,!53/ +5&56 &-+ 4!
!-6!-53/,13!- & /!-53![[:]U,,:YH :YH13+#365/- &,!53/
+5&56 &-+461!3&/3]U,,K&53649535/3!#!3!-! 6& !LF
/35-5/C!-6-!-4://-#365+&3 4!/-4& !3C26!!+ &,!53/+5&56 &-+ !
5/ +,5!3&13&,13/!4 4!!-6!-53 !-53/ !+3-$/ !5,./!45+!& /
13   /1 ! !953&0-  65&+&;3F /3 !+ /-533&/C !- 6- !-4:/ /- #365 -/
+&3 4!/-4& !326!!+ &,!53/+5&56 &-+ !+,5!3&13&,-/4!!-6!-53
!-53/ ! + 5++  !6   + /1 ! !953&0-C +/ 26! 4&$-&#& 26! + #365 !4
13/!4 4&-+&33C5+:/,/++!$+4&- 6453&4 !!953&0-13/! !-5! !+/4
+,!-!4 !!91/35&0-!-#3!4/F
! + #365 13/!4 C 63-5! + #4! ! !953&0-C 4! /5&!-!-C 1/3 4!13 /C  +4
#3&/-!4 !;6,//-16+1C341 63 !/35!;K3&5LC/35!;K1&!+L:+ !43$
!+ 56/ ! /3&#&&/ 26! /-5&!-! + 135! !-53+ ! + #365 K/3!LC )6-5/ /-
,!,3-4C 4!,&++4 : +/4 /4 /35!4 &36+3!4 ! /35!; 26! 4&38&!3/- 13 +
!953&0- !+ ;6,/ 1/3 !+ 56/ #&+53/F /4 3!- &,&!-5/4 ! !953&0- 4! +6+- 
135&3 !+ 1!4/ ! ;6,/ /5!-& / !913!4 / !- 1/3!-5)! /- 3!41!5/ + 1!4/ !
#36513/!4 F
/-#&$63&0- !+!9535/3!-34&+:+/3& !4 &#!3!-5!+26!4!5&!-!!-+
+-5&+/5/ !3&%6!+F


M@N@5"3'+"4:,"5/!/+/%("41" ($' !"+L@

M@N@L@/-5"-'!/"-40+'!/44/+6+"4

/440+& /44/+6+!4 &46!+5/4!-+/4;6,/44!-+&;3/-/-6-3!#350,!53/
,-6+K!JC15& 8:,!-Q:45!,C3!+/-C1&-LWZ<F/48+/3!44!
!913!43/-/,/<3&9F


M@N@M@ '!";


[\ 
 

 !5!3,&-&0- ! + & !; 8+/3+! !- +/4 ;6,/4 ! +&,0- 4! !5!3,&-0
4&$6&!- / + -/3,  -< XF /4 ;6,/4 4! 8+/33/- /- %& 309& / ! 4/ &/ V 
65&+&;- //,/&- & /3#!-/#5+!'-:,/-&5/3&;- /!+1
 !+,6!453/-6-1
J
,!53/%4526!+-!6-1
 !]CV:4!,-5!-$!-"+WU4!$6- /4F


M@N@N@ -!' "!"$/3,/+



+13&-&1&/ !+ !5!3,&-&0- !+'- &! !#/3,/+4!4!-+3!&0-26!
4! 13/ 6! !-53!C !+ $361/ 4&/ ,'-&/ KJ
WL : !+ $361/ 3/9'+&/ KJ
LC !-
6-4/+6&0--!653+&; 26!4!!-6!-53-!-!26&+&3&/F/3 &&0- !4/+6&0- !
#/3,+ !%' / K#/3,/+L -!653+&;  4! +&!3 6-
f 1/3   ,/+"6+ ! & /
,&- /C 26! 1/45!3&/3,!-5! 4! 8+/3 1/5!-&/,"53&,!-5! K1
 ]CVL /- 4/+6&0-
!
UCVK/3, -<XULF

3+ !5!3,&-&0-C4!8+/33/-WZ, !;6,/ !+&,0-/-
UCV:
!+3!46+5 /#6!!913!4 /!-,
UCVIVUU,F


M@N@O@ ;7 3"4: '!/4/3%-' /4



 !5!3,&-&0- ! ;73!4 : & /4 /3$-&/4 4! 3!+&;0 ,! &-5!
3/,5/$3#'+'26&  !+53!4/+6&0-K
LF

3 !++/C +4 ,6!4534 #6!3/- /- &&/- 4 !-53&#6$- /4!  VZUUU 31,
63-5!Z,&-65/4:#&+53- /!+4/3!- -5!538"4 !6-#&+53/ !UCYZA,F
/45!3&/3,!-5!!45!#&+53 /4!&-53/ 6!!-6-356%/ !4!13&0-!-#4!40+& 
!1J* V]  13!8&,!-5! 5&8 / /- 8/+7,!-!4 &$6+!4 ! ,!5-/+C $6 : &3!
KVUEVUEVULC /- !+/4/,16!45/4#!-0+&/426! -3!5!-& /4F

+ -+&4&4 ! VU k 4! ++!80  / !- 6- !26&1/  %3/, K!3*J
&5%&L
/5 / /- 6- !5!5/3 ! 33!$+/ ! &/ / J\YZU : 6- !5!5/3 ! '- &! !
3!#3&0-F  65&+&;  #6! 6- /+6,- 61!+/$!+ [VU
 KXU , 9 \C] ,,L

[] 
 

13!+!-5   XU <C 13/5!$&  /- 6- 13!/+6,- 61!+/$!+ [VU


 KZ , 9 YC[
,,LF3!+-+&4&4 !+/4& /4/3$-&/4C4!#&)06-+/-$&56  !/-  !WVU-,F
#4!,08&+/-4&45'!-& /#/4#03&/+UCVe/-6-#+6)/ !UCZ,I,&-F

/4 &#!3!-5!4;73!4K43/4C$+6/4C#365/4L:& /4/3$-&/4K& /
: J+&/C & / '53&/C & / 4/'53&/C & / 403&/L 4! & !-5&#&- :
6-5&#&&0-1/33/,5/$3#'/-153/-!4!95!3-/4F/43!46+5 /44!!913!4-!-
$ 1/3 +&53/ / ,$ 1/3 +&53/F /4 153/-!4 #6!3/- 13!13 /4 !-53! UJVUU ,$I, 13
;73!4: !UJZ,$I,13& /4F


M@N@P@ '!3/9',"5'+$63$63+

 !5!3,&-&0- ! %& 3/9&,!5&+#63#63+ K
L 4! ++!80  / ,! &-5!
3/,5/$3#' +'26&  ! +5 3!4/+6&0-F + !26&1/ 65&+&; / #6! 6- %3/, K!3*J

&5%&L /5 //-6- !5!5/3 !33!$+/ ! &/ /J\YZUF/+6,-65&+&; #6!


6-/+6,- !#4!3!8!34&%3/41%!3JV]KWVU9Z,,C5,./ !135'6+ !Z
k,LF /,/ #4! ,08&+ 4! 65&+&;0 L ]UEWU $6E,!5-/+ Ze ! & / "5&/ : L
,!5-/+ !- ,/ / &4/35&/ /- 6- #+6)/ ! V ,I,&-F  +/-$&56  ! /-  !
!5!&0-4!#&)0W]Z-,:!+8/+6,!- !,6!453-+&; /#6! !WUkF

4 ,6!4534 ! ;6,/ 4! !-53&#6$3/-  VYUUU 31, 63-5! VU ,&- : 4!
#&+533/-1/3#&+53/ !)!3&-$ !UCYZA,F

 & !-5&#&&0- : 6-5&#&&0- 4! !5!3,&- ,! &-5! + /,13&0- !
!41!53/4 ! 4/3&0- : 5&!,1/4 ! 3!5!-&0- /- 153/-!4 163/4 !
%& 3/9&,!5&+#63#63+K&$,LF


M@N@Q@ "5"3,'- '0-!",'-/ '!/4



 !5!3,&-&0- ! ,&-/& /4 +&3!4 !- !+ ;6,/ ! +&,0- 4! 3!+&;0 !- 6-
+/35/3&/!35&#& /1/3!95!3-/4&$6&!- /+-/3, Z\3!8&4 !-WUUZF

[^ 
 

M@N@R@ "5"3,'- '0-!",'-"3+"4



+ /-5!-& / ! 4/ &/C 1/54&/C ,$-!4&/ : +&/ !- +/4 ;6,/4 ! +&,0- 4!
3!+&;0!-6-+/35/3&/!35&#& /!95!3-/4&$6&!- /+-/3, XXC65&+&;- /6-
#/50,!53/ !++, &3!5,!-5!!-!+;6,/:/,13- //-153/-!4!95!3-/4F


M@N@S@ "5"3,'- '0-!""5-/+



+/-5!-& /!-!5-/+!-;6,/ !+&,0-4!3!+&;0,! &-5!+& !-5&#&&0-:
6-5&#&&0- /- 6- 3/,50$3#/ /1+ /  6- !5!5/3 ! ,44 4&$6&!- / !+
13/5//+/ !43&5/!-+-/3, W3!8&4 !-WUUZF


M@N@S@ "-';4

+ &$6+ 26! !- !+ 4/ -5!3&/3C !+ /-5!-& / !- !-&;4 ! +4 ,6!4534 !
;6,/ ! +&,0- 4! 3!+&;3/- 1/3 6- +/35/3&/ !35&#& / !95!3-/ ,! &-5! 6-
,"5/ /#&4&/26',&/4&$6&!- /+-/3, ^C3!8&4 !-WUUZF


M@N@T@ +8/-/'!"4

+#+8/-/& !13! /,&--5!!-+&,0-!4+%!41!3& &-F4,6!4534 !;6,/
4! !-53&#6$3/- 63-5! Z ,&-65/4  VUZUU 31,  5!,1!3563 ,&!-5!F +
4/3!- -5!4!#&+53538"4 !6-#&+53/ ! !UCYZA,F+!26&1/65&+&; /#6!
6- 3/,50$3#/ +'26& / K!3*J
&5%& [WUUL /1+ /  6- /, -5!++&$!-5
K/*&/C 10-L!26&1 /-6-!5!5/3 !&/ /33:JJ&4K%&, ;6J[C
:/5/C 10-L:6-65/&-:!5/3K &+4/- -5!3-5&/-+C,/ !+/WXYC3!+/-C41.LF
/+6,-65&+&; #6!6-/+6,- !#4!3!8!34&%3/35V]KWZU9Y,,L/-
6-5,./ !1/3/ !ZA,:!26&1 /-6-13!/+6,-V]F


\U 
 

 #4! ,08&+ 65&+&;  !4 $6 /- Ve #03,&/E!5/-&53&+/ ^UEVU /,/
!+6:!-5!:!5/-&53&+/+&  
/,/!+6:!-5!F+6 + !#+6)/!,1+! /!-
+4!13&0-#6! !UCZ,I,&-F

'",1/F,'-G W W


K ^Z P
MK \U NK
NK VU TK
NP ^Z P

OK TP P
+M@M@
3!'"-5" 

!&-:!53/-WUA+ !,6!453!-!+4&45!,
J13& !-5&#&3C1/3
46 !41!53/ 6+538&/+!5C : 6-5&#&3 %!41!3& &- 1/3 /,13&0- /- !45- 3
!95!3-/F3!51530-4!3!+&;3!-53!UJWUU,$I !%!41!3& &-^]e &46!+5!-
!5-/+EEWJ3/1-/+ZUEWZEWZF


M@N@LK@ " 5'-4/+6+"



! /-/!- 83&/4 ,"5/ /4 /+/3&,"53&/4 13 + 6-5&#&&0- ! 4645-&4
1"5&4C !-53! !++/4 +/4 ,"5/ /4 !+ 3;/+ K3! : : /,C V^ZWL : !+ ,J
%& 3/9&#!-&+#!-/+K+6,!-*3-5;:4/!J
-4!-CV^\XLF4545"-&44!#6- ,!-5-
!- + 3!&0- !+ & / ZJ#/3,&+JW #63-/3/9'+&/C 13/! !-5! ! + &0- !-
+&!-5! !+& /46+#73&/4/3!!+& /$+5630-&/C/-6-3!5&8//+/3&,"53&/
13 /5!-!3 6- 13/ 65/ /+/3! / 26! 4! 4/3!  6- !5!3,&-  +/-$&56  !
/- ,9&,K/4!5+FCV^^WLF

+,"5/ / !+3;/+%4& /!+,4 &#6- & //,/-+&4&4 !365&-K&4&$+&/
: - 6-C WUUULF &- !,3$/C 53)/4 3!&!-5!4 13!#&!3!- !+ ,"5/ / !+ ,J

\V 
 

%& 3/9&#!-&+#!-/+1/346,:/34!-4&&+&  :!41!&#&&  !-13!4!-& !;73!4:


/,1/-!-5!4#!-0+&/4K 3;!5+FCWUU[LF

 1!5&- 4/+6+! !- $6 !- +4 ,6!4534 ! ;6,/ ! +&,0- #6! !5!3,&- 
,! &-5!!+,"5/ /3;/+F

-&&+,!-5! 4! 3!+&;0 + 13!&1&5&0- ! +4 4645-&4 1"5&4 !- !+ ;6,/ !
+&,0-F3!++/CVZ, !;6,/4!/+/3/-)6-5//-VW, !$6!-+/456/4 !
!-53'#6$ $3 6 /4 %45 ZU , /-  / 0-&/F /4 56/4 #6!3/- !-34 /4
%45YU,/-!5-/++&!-5!K\Z<CBg^ZeLC:4!+!-53/-!-6-./ 63-5!VU
,&-]Z<C/-$&5&0-F/45!3&/3,!-5!+/456/44!!-343/-/-!5-/+%45+/4
ZU,F/456/4#6!3/-!-53&#6$ /4 63-5!VZ,&-XUUU31,C:!+4/3!- -5!
#6! !4!% /1/3 !-5&0-F+13!&1&5 /4!+80/-!5-/+KBg[XL:4!,-568/
!-$&5&0-!-6-./ !$6 63-5!VZ,&-]Z<C4!!-53&#6$0:4! !4!%0!+
4/3!- -5!F

3 + !953&0- ! + 1!5&- 4/+6+! !- $6C 4! . &!3/- Z , ! $6
!45&+  + 13!&1&5 /C !-53/ !+ 56/ ! !-53&#6$C $&5- /+/ /- + 83&++ !
3&45+/-16-5 !$/,F/45!3&/3,!-5!C4!!-340%45XZ,/-$6 !45&+ 
$&5- /+/ /- !+ $&5 /3 ,$-"5&/F ! . !- /53/4 Z , ! $6 ,4 : 4!
!-53&#6$0XUUU31, 63-5!VZ,&-F+4/3!- -5!#6! !-5 /:/+/ /!-
6-#34/ !VUU,#&+53- /+//-11!+ !#&+53/F!1!5&,/4!45&0- /48!!4:
+/44/3!- -5!4#6!3/-. & /4+,&4,/#34/!-!+6+. &,/4Z, !

: 4! !-34 %45 VUU ,F  ,6!453 4! !) %& 3/+&;- / 63-5! XU ,&-65/4 
5!,1!3563,&!-5!F

 !5!3,&-&0- !+ /-5!-& / !- 1!5&- 4/+6+! ! +4 ,6!4534 4! 3!+&;0
,! &-5!+,!;+ !& /46+#73&/:3;/+:4!/,130/-6-3!51530- !
& /,/-/$+5630-&/13!13 / &45&-54/-!-53&/-!4F


\W 
 

 $"#! #  /  !%  / 0


"#+1
,
+1
, +1
, +1
, +
,
$"#!" WUU J J VUU .)/
#!& WUU J J VUU .)/
 . WUU VUU J J .)/

 / * * /-- .-- .)/

+M@N@3"13 '0-!",6"45313-+'4'4!"1" 5'-4/+6+"F#5/!/3;/+G



-8!;#&-+&; +3!&0-C4!+!:0+4/3-&ZWZ-,F


M@N@LL@ 35,'"-5/"45!(45' /!"!5/4



/4 5/4#6!3/-13/!4 /465&+&;- /!+13/$3,55$31%&4!-563&/- 
K551/&-5 !%-/+/$&!4C 33!-5/-C C LF ! 3!+&;3/- -+&4&4 ! 83&-;
KL:6-!45 !-$/47+5&1+!4K!45
 !6*!:LF+-+&4&4 !/33!+&0-
!!34/-4!3!+&;013/,13/3+3!+&0-!-53!+/413,!53/44!+!&/- /4F
+-+&4&4+745!34!1+&0!-+/4 5/4!45- 3&; /413 /5!-!3+44/&&/-!4
)!3326&4 !9&45!-5!4 !-53! +4 ,6!4534 !,1+!- / 13 !++/ + &45-& !6+' !C
/,/ ,! &  ! + !4&$6+  C : !+ ,"5/ / 3 C /,/ 3!$+ ! $+65&-&0-F +
-+&4&4 ! /,1/-!-5!4 3&-&1+!4 KL #6! ++!8 /  / /- !+ 13/$3, 
VZFUK%&$/C ++&-/&4CLF
-!+4/ !+/4!456 &/4 !/33!+&/-!4C4!65&+&;05,&"-!+5!45 !&4%!3:
4!65&+&;0!+13/$3,!45 '45&/3&$&-]F


M@O@ 5"3'+"4 : ,"5/!/+/%( "41" ($'  !"+ 1(56+/ @  5/3"4 26"
'-$+6:"- "- +/4 13,"53/4 !" /+/3 !"+ ;6,/ !" +',0- "41./+ F
 
F@G63,@G

M@O@L@ 953 '0-!"+;6,/


\X 
 

 ,5!3& 13&,     KFL 13/!4  13 + /5!-&0- ! ;6,/4 !- +/4
!-4:/4 !+-5&+/5/ !953&0- !6,/4 !+-&8!34&  &$6!+
!3-- !;
13/! ! !+4!,13!44 !!953&0- !;6,/4'53&/4 !+4!5/3C+/+&; 4!-+
;/-F++&,0-65&+&; /1!35!-!!+483&!  !4!3-:&-/F
+ 13/! &,&!-5/ ! !953&0- ! ;6,/ 3!+&; / /33!41/- ! + !43&5/ !- !+
135 /WFWFV !5!3&+!4:,"5/ /4 !+13!4!-5!,!,/3&FM@M@L@3/ "!','"-5/
!""953 '0-13+13/!6 '0-!"6,/!"+',0-

M@O@M@"5"3,'- '0-!"+ /+/3,"!'-5" /+/3(,"53/53'"45(,6+/

 !5!3,&-&0- !+/+/3 !+/4;6,/4'53&/44!3!+&;0!+ /+/3',!53/
6-5!3
/+/3+!9 &5364 /+/3 !5!3 K!45/-C &3$&-&LE !+ 6+ !4 6- /,15/
!41!5/#/50,!53/26!16! !4!364 /!-+,! &  !+/+/35-5/ !+;6,/#3!4/
/,//-!-53 / !-3-)C+&,0-:1/,!+/C/-5!-& /!-6-56/ !8& 3&/F45!
!26&1/16! ! 3+4,! & 4/,//+/3',!53/K - /+/48+/3!40CCLC:
16! !,/4533+/48+/3!4 !+4,34'53&4!-/-/3 -&/-!+!135,!-5/
!$3&6+563 !+/445 /4-& /4KLYZ&5364!5!3F45!&-4536,!-5/5&!-!
6-$!/,!53' !,! &  !YZ<IU<C:1/35-5/!9+6:!+/,1/-!-5!!41!6+3 !
46 ,! & C 1/4!! 6- 16+$ 
KWZCY,,L !3! !8&4&0-F
4&,!-5! +/4 !26&1/4 ! +!563
3!26&!3!- X 13,!53/4 53&!45&,6+/E
9 C : C ;   26! ,! &-5! +6+/
,5!,5&/ 53-4#/3, +/4 8+/3!4
!-53!4!)!4ECCF+!26&1/,4
,1+&,!-5! 65&+&; / 13 ,! &3 !+
/+/3!4!+/+/3',!53/ !
6-5!3F4
6- 4&45!, ! ,! &&0- !+ /+/3
4 /!-53!413,!53/4E+!4+
! 3/)/  8!3 ! KLC + !4+ !
,3&++/4  ;6+ KL : + !

\Y
\Y 
 

+6,&-/4&   KLC 26! 4! 16! ! 3!13!4!-53 ! #/3, $3#& 4!$7- 4! ,6!453 !- +
4&$6&!-5! ,$!-K ,$!-WFVLF
 65&+&   !+ 8+/3 !  &- &5&8/ ! + -5&   ! 3/)/ / 8!3 !C /,/ '- &! !+
/+/3 8&46+ !+ ;6,/C % 4& / ,1+&,!-5! !456 & F !-;!+ :
6$$35 KV^[WL %-
!-/-53 / 6- /!#&&!-5! ! /33!+&0- ! fUC^W\ !-53! !45! 13,!53/ : +
+&#&&0-/3$-/+"15& !WVZ,6!4534 !;6,/ !-3-)3!/-45&56& /4 ,%"-
M@L@4 +!" /+/3"4     

 "%$#!
+13,!53/ !+6,&-/4&  13!4!-56!-/33!+&0-/-++&#&&0-4!-4/3&+
!+/+/3F6- //-4& !3,/4!45!13,!53/)6-5//-!+/!#&&!-5!I4!/5&!-!
6- &-#/3,&0- ,4 /,1+!5 !+ /+/3 !+ ;6,/F 3' !   VUUC 4&!- / !+ 8+/3
VUU!+,9&,/ !6,&-/4&  F
+ 13,!53/  83' !+ /+/3 3/)/C /- 8+/3!4 1/4&5&8/4C + /+/3 8!3 !C /- ! +/4
8+/3!4 !4/--!$5&8/4F
+13,!53/83' !4 !8+/3!41/4&5&8/426!&- &-!+/+/3,3&++/%458+/3!4
-!$5&8/426!3!13!4!-5-!+/+/3;6+F
-+#&$63X1/ !,/48!33!13!4!-5 4+453!4 &,!-4&/-!4 !+/+/3F

\Z 
 


,%"-M@M@
3$' 53'!',"-4'/-+!"+ /+/3? /35"4(!" 6-5"3


 

- 13&,!3 +6$3 4! 5!,1!3 !+ +/35/3&/  WZR : 4!$6& ,!-5! 4! #&+53- +4
,6!4534 !;6,/5/, 4 ! 83&!   !#365/'53&/C13/! !-5!4 ! 6-
!+4!953&/-!43!+&; 4!-++-5&+/5/F454,6!45344/-#&+53 41/36-
5,&; ! YU ,!4%C YU $6)!3/4 1/3 ,` ! ,:C 13 4' 1/ !3 -/3,+&;3 !+
1/3!-5)! !16+1!-!+;6,/F
-8!;!+;6,/#&+53 /C !',/4#&)346-5&   !40+& /44/+6+!4!-VVC]<3&9
6- 5!,1!3563 ! WURF /45!3&/3,!-5! !+ ;6,/ !3 &-53/ 6& / !- 6- ./
5!3,/455&/ %45 +-;3 +/4 W[<C !45/ 8&!-! !41!&#& / !- !+ ,-6+ !+

6-5!3 /+/3+!9F 45!C -5!4 ! 65&+&;3+/C !3 !45- 3&; / /- + 5!) -!$3C
+- : 8!3 !C : 1/45!3&/3,!-5! 4! +&3 /- !+ 56/ ! /+/3  Y !+ C
4&$6&!- /+4&-4536&/-!4 !+#3&-5! !+!26&1/F+&-/+5C!-,&/C40+/!3

\[ 
 

!45- 3&; / 65&+&;- / + 5!) +- : -/ !3 +&3 / ! -&-$6- ,-!3F -
,4 !26&1/4 !+!$',/4 + !4+  65&+&;3C !- !45! 4/ !+!$&,/4 + !4+
6-5!3
 KC C L : 4!+!&/-,/4 !+ &+6,&--5! C /- W< ! 1!3563C 13 4' 1/ !3
/,133 +/4 3!46+5 /4 /- + 7-& 3!#!3!-& ! /+/3 !9&45!-5! %45 %/3C !4
!&3C/-+/456/4  !+F
-8!;4!5&!-!-#&) /45/ /4!45/413,!53/4&-53/ 6&,/4+,6!453 !;6,/!-
6- 56/ ! !-4:/ ! 6- 16+$  ! &,!53/ : +/ $&5,/4 63-5! VZ 4!$6- /4F
3-4633& /4"45/4C!+;6,/!4&-53/ 6& /!-!+!26&1/:/,&!-;+,! &&0- !+/4
13,!53/4 ! /+/3F 45! 13/! &,&!-5/ 4! 3!1&5! 53!4 8!!4C ! ,-!3 26! 4!
/5&!-!-53!43!1!5&&/-!4 !53!4+!5634 6-C+/26!%!6-5/5+ !^+!5634
1/3,6!453:1/3!26&1/F

M@O@N@-+'4'445!(45' /@

/ /4 +/4 -+&4&4 4! 3!+&;- 1/3 53&1+& /C + /,13&0- !45 '45& ! +/4
3!46+5 /44!++!80/,! &-5!!+-+&4&4 !+83&-;/-!+126!5!!45 '45&/
 
XFUVF4 &#!3!-&44&$-&#&5&84#6!3/- !#&-& 46-hUCUZF


M@  

M@P@ 5"3'+"4 : ,"5/!/+/%( "41" ($'  !"+ 1(56+/   3/!6 '0- !"
$'3 !'"5#5'  !" +5 +'!! 13/ "!"-5" !" 4613/!6 5/4 -3-* :
+',0-

 /44613/ 65/4/-+/426!4!%53) /%-4& //5!-& /4 !+/4!-4:/4


!!953&0- !;6,/ !-3-)4:+&,/-!43!+&; /4!-+1+-51&+/5/ !3&%6!+F

 13/ 6&0- !#&3 &!5"5&/-++!86-4!3&! !!514F-5/ 4+4135!4


!+ 13/!4/ ! 13/ 6&0- ! !453 !+ !456 &/ ! 26!++/4 #5/3!4 26!C ! 6-
,/ /4&$-&#&5&8/C!45"-3!+&/- /4/-+13/ 6&0- !+,&4,F -&&+,!-5!4!
!#!560!+!-4:/13+/5!-&0- !4613/ 65/4K/3!C#3&5:1&!+L135&3 !+
!953&0- !+;6,/ !-3-):+&,0-F/45!3&/3,!-5!4!3!+&;+13/ 6&0- !+
#&3135&3 !+4#3&/-!4/5!-& 4 !+13/!4/ !!953&0- !;6,/4'53&/4F
\\ 
 

M@P@L@3/ "4!/!"+/4 (53' /413+"953 '0-!"+;6,/:4613/!6 5/4

4!953&/-!4 !+;6,/ !+426!4!/568/+&/,4/3$-&C4!%&&!3/- !


6!3 / + +!- 3&/ ! !-4:/4 3!+&; / /- + ,6+5&-&/-+  !-$+/ / !- !+
13/:!5/ ! G15&,&;&0- !+ 3!- &,&!-5/ ! !953&0- : 35!3&;&0- ! +/4
13,!53/4 ! +&   !- ;6,/4 '53&/4 ,! &5!33-!/4H 26! 8&!-! 3!+&;- /4! 6-
8!;1/34!,- !4 !!+./WUUUC!-!+/35/3&/:+-5&+/5/ !953&0- !
6,/4F4#!%4 !+13/!4 /:/5!-&0- !#&34!!-6!-53-3!#+!) 4!-+
5+YF

      


  
     
   

"( #!) ,5&,3&.,,5 -/&,3&.,,5

"(!) ,4&,1&.,,5 -5&,2&.,,5


"('''') ,/&,0&.,,5 -0&,1&.,,5

 ( #!) ./&,0&.,,5 ,-&,2&.,,5 

+ M@O " &4 !" +, "-,'"-5/ !" ,5"3' 13', : $" &4 !" 13/ "4!/ !" +4
$'34

M@P@L@L@"4 3'1 '0-!"+13/ "4/!""953 '0-!";6,/:/5"- '0-!"4613/!6 5/4

+ 13/! &,&!-5/ ! !953&0- ! ;6,/ 3!+&; / /33!41/- ! + !43&5/ !- !+
135 /WFWFV !5!3&+!4:,"5/ /4 !+13!4!-5!,!,/3&FM@M@L@3/ "!','"-5/
!""953 '0-13+13/!6 '0-!"6,/!"+',0-

M@P@L@M@"4 3'1 '0-!"+4'45",65'+';!/13/5"-"3$'3!'"5#5' 

/,/ 4! % ,!-&/- / -5!3&/3,!-5!C +/4 4613/ 65/4 /5!-& /4 ! +
!953&0- !+;6,/26! - &8& & /4!-53!4#3&/-!4/3!C#3&5:1&!+F 6- !
!454 #3&/-!4C 4! +! 3!+&;3/- 1/3 4!13 / +/4 13/!4/4 1!35&-!-5!4 13 +
/5!-&0- !#&3F  +13/!4/ !/5!-&0- !#&3%4& /3!+&; /,! &-5! /4
,!5/ /+/$'4 &#!3!-5!4K ,$!-WFXLF

-!+4&$6&!-5! &$3, !#+6)/4!/4!38!- !5++!+46!4&0- !!514 !+


13/!4/++!8 //13+13/ 6&0- !+4#&34 !+13!4!-5!53)/F

\] 
 

 ,%"-M@N@'%3,!"$+6*/!"+13/ "4/!""+/3 '0-!"$'3!'"5#5' 

-8!; !43&54+4!5143!+&;3C4!!45&,/-8!-&!-5!3!1!5&3+4,&4,4
!514 1+&- / /4 535,&!-5/4 &#!3!-5!4  J XU ,&-65/4 ! 81/3 :
J[U,&-65/4 !81/3F

\^ 
 


   



   


   
  


 

  



  


 

  


,%"- M@O@ 426", /3'"-55'8/ 4/3" +  1+'  '0- !" +/4 ,#5/!/4 65'+';!/4 13 +
13/!6 '0-!"$'3@+/3 '0-13/1'

M@P@M@"5"3,'- '0-!"+3"-!','"-5/

!!-5&!- !1/33!- &,&!-5/+-5&   !#&3/5!-& 135&3 !+/44613/ 65/4


 26&3& /4 ! -3-)4 : +&,/-!4 K,&/5C V^^VLF + 3!- &,&!-5/ % 4& / !913!4 /
/,/+/4$3,/4 !#&34!/5!-& /4135&3 !ZUU$ !,5!3&13&,C!4 !&3C
! 4613/ 65/ '53&/F 3 %++3 !+ 3!- &,&!-5/ ! +4 WY ,6!4534 ! #&3 4!
5/,3/-!-53!UCWUJUCWW$ ! 6- !!++4F

M@P@N@"5"3,'- '0-!"+ 1 '!!!"3"5"- '0-!"%6F G

 1&   ! 3!5!-&0-  ! $6 K


L !4 + 1&   ! 6- !+ ,5!3&+
%7,! /C 13 3!5!-!3 !+ $6 6- / 4! 4/,!5!-  6- #6!3; !-53'#6$ / !
$38!   !/,13!4&0-F!/,1/-! !+46, !$6+&$ C!4 !&3C#'4&,!-5!

]U 
 

531 K;26!; FCWUU^LF


4!!913!40!-,+ !$63!5!-& 1/3$ !
,6!453K-%!; FCWUU^LF


 !+#&3!45!453!%,!-5!3!+&/- /-+1&   !4/3!3
-653&!-5!4C ,&-!3+!4C 8&5,&- !5FC -!!43&4 13 !+ /3$-&4,/F 45/4 13/!4/4 !
4/3&0- !1!- !-  46 8!;C ! + !4536563 : !+ /-5!-& / ! 1!5&-C
%!,&!+6+/4C!+6+/4:+&$-&-13!4!-5!4!-+#&3K &,+&--CWUUYLF

&4/+8!3 V $3,/ ! #&3 !- XU ,+ ! $6 !45&+  K!+ $6  5!,1!3563
,&!-5!L: !)33!1/4/F+/ !V%/34C!-53&#6$3WU,&-65/4VZUUU31,:
4! !)3  3!1/43 WY %F 953!3 !+ $6 4/3-5! /- ,6%/ 6&  / 13 1!43 +4
,6!4534 HC26!!4!+1!4/ !+#&3/-!+$626!%3!5!-& /K!3$3
CWUU\LF

M@P@O@"5"3,'- '0-!"+ 1 '!!!"3"5"- '0-!" "'5"F G

 1&   ! 3!5!-&0- ! !&5!4 K


L !4 + 1&   ! 6- !+ ,5!3&+
%7,! /133!5!-!3!&5!6- /4!4/,!5!6-#6!3;!-53'#6$/ !$38!  
! + /,13!4&0-F !&5! #'4&,!-5! 531 / K/!354/-  FC WUUULF  
 4!
!913!40/,/,+ !!&5!3!5!-& /1/3$ !,6!453F

1&   !3!5!-&0- !!&5!4!46-$!-5!&,1/35-5!:26!-/4:6 


&$!3&3,!)/3+/4+&,!-5/4,4$34/4F3!++/ !4!!+!-53!&5!8!$!5+%45
++!$3ZU_F5&+&;3V,+13 &4/+8!3V$ !#&3: !)33!1/4/F+/ !V%C
!-53&#6$3WU,&-65/4VZUUU31,: !)33!1/43WY%F953!3!+!&5!4/3-5!
/-,6%/6&  /131!43+4,6!4534 26!!+1!4/ !+#&3!-/-
!+!&5!26!%3!5!-& /K-%!; FCWUU^L

M@P@P@"5"3,'- '0-!"+1 

! &  &3!5 ,! &-5! 1/5!-&/,!53' 4/3! !+ 13/ 65/F + 1


 !4 6-
13,!53/&- &41!-4+!C !+6+!9&45!6-3-$/& !+13#&3+&,!-53&26!!45
!-53!+3! ! /3 !YF&!+1
!4,4)//,4!+!8 / !+/!45&, /!4-!!43&/
5353!+13/ 65/F+1
4!,& !!-6-4641!-4&0-3!46+5-5! !+/,&-&0- !

]V 
 

VU $ ! #&3 /- VU ,+ ! $6 !45&+  !416"4 ! 4!3 $&5  63-5! W ,&-
K-%!; FCWUU^L

M@P@Q@"5"3,'- '0-!"13,"53/453'"45(,6+/!" /+/3

 + /+/3 !4 6- 53&65/ ,6: &,1/35-5! 13 + !15&0- / 3!%;/ ! 6-
+&,!-5/ / 46 13!#!3!-& 3!41!5/  /53/C 4&!- /  + 13&,!3 35!3'45& 4!-4/3&+
13!&  1/3 !+ /-46,& /3F  &,13!4&0- 015& ! &-,! &5/ #/3, 135! ! +/4
&45&-5/441!5/48&-6+ /4++&   !+13/ 65/K#/:P 3'CV^^XLF

4 !5!3,&-&/-!4 !13,!53/453&!45',6+/ !/+/3 !/+/34!+!3!+&;3/-


!+,5!3&13&,26!1/45!3&/3,!-5!4!65&+&;013+!+/3&0- !+#&3C+
#&3:!+/3 :#&3 &+6& !-$6F+/+/3!46-#5/3,6:&,1/35-5!13
/15&,&;3!+13/!4/ !/5!-&0- !6-#&3 &!5"5&/,!3&+F

46--+&; /3/,15/ !/+/31/353&!45',6+/C13+,! &  !+/+/31/3


3!#+!9&0- ! 461!3#&&!4F /-45 ! 6- !;+ /- 6- 3! ! ,! &  ! ] ,, !
&,!53/ : 64 &+6,&-&0- &#64 /- -$6+/ ! 8&4&0-  U< K/- /,1/-!-5!
!41!6+3 &-+6& L 13 ,! & 4 !954 ! 6- ,1+& 83&!   ! ,5!3&+!4C
 !,4/-45 !6-!4/3&/J\U13+ !5!3,&-&0- !+/+/3!-+'26& /4F
!4+ !,! & 65&+&; !4+
/-&+6,&--5![Z:/4!38 /3VU<
K-&8!34+,-6+CWUUWLK&$63WFZL

]W 
 

,%"-M@P@/+/3(,"53/ 

M@P@R@'4 /4'!!

8&4/4&  !4+/1/4&&0- !6-#+6& /+4 !#/3,&/-!45-$!-&+!4F6! !


!#&-&34! /,/ !+ 3/;,&!-5/ &-5!3-/ 26! 57 !-53/ ! 6- #+6& /C !4 !&3C 46
3!4&45!-&  #+6&3F  ,! &&0- ! 8&4/4&   !4  ,!-6 / ,6: &,1/35-5! 13 !+
/-53/+ ! + +&  F /4 3!#!3&,/4  + 8&4/4&   &-,& ,! &  !- ,4 26!
1/4!!+#&3+. &3&!35-5&   !$6F 3 ,! &3 + 8&4/4&   4! %
65&+&; / 6- 8&4/4',!53/ /- 3/5/3 ! !)! 4&,1+!C /- ! 4! %! $&33 6- !)! !- 6-
#+6& / 26! 3!,&5! !+ 13 ! 5/34&0- -!!43&/ 13 8!-!3 + 3!4&45!-& 8&4/4F
8&4/4&  %4& / !5!3,&- +ZeF! &46!+8!-Z$ !#&3!-$6 !45&+ %45
26! + 4641!-4&0- ++!$6!  +/4 VUU ,+F  ,6!453 4! $&5 63-5! Z ,&-F ! ,& ! 
WU_K/-:6  !./L:/-!+8&4/4',!53/F

M@P@S@8+6 '0-!"+"4536 563!"$'3!'"5#5' 

/,/ : 4! ,!-&/- !- + &-53/ 6&0- +/4 4613/ 65/4 26! 4! $!-!3- !- !+
13/!4/ !#3&&0- !;6,/ !-3-):+&,0-4/-13/9&, ,!-5!!+ZUe !+
1!4/ !+ #365/C ,5!3&+ 26! 5&!-! 6- $3- 1/5!-&+ /,/ #6!-5! ! #&3 K-5-C
WUU^LF &- !,3$/C  % 4& / ! $3- &-5!3"4 13&-&1+,!-5! !- #/3, ! 135'6+4C
!& /  46 ,:/3 !15&0- : #&+&   ! &-/31/3&0- !- !+ 13/!4,&!-5/ !

]X 
 

13/ 65/4 53 &&/-+!4 /,/ 1-!4C !3!+!4C !,65& /4C 6+!4C +5!/4 !5F
K 3&$!+,/P!++/4/CV^^^LF 

 !4536563 ! + #&3 &!5"5& 4! !456 &0 &-5!313!5- / &,$!-!4 !
,&3/4/1' !+!530-&F 4 !456 &/ % /-4&45& / !- + /,13&0- !-53! +4
,&3/#/5/$3#'4 !+4WY#&34/-+4 !+#&3015&,/!4/$& F

M@P@T@456!'/"45!(45' /

 3 3!13!4!-53 +/4 3!46+5 /4 /15,/4 1/3 3!+&;3 6- &-5!38+/ ! /-#&-;

4 /!-+ &453&6&0-J MKJ5@IWjj5@IWLgVJ@N !5+,-!326!


+/4&-5!38+/4&-#!3&/3:461!3&/38!- 3-  /41/3+4&$6&!-5!#03,6+E

 𝑆
𝑌  𝑡  
 𝑛

34 3!+&;3 +/4 +6+/4 /- 6- -&8!+ ! /-#&-; + ^Ze 4! %- /5!-& / 6-/4
&-5!38+/4 ! /-#&-; +/ 46#&&!-5!,!-5! 1!26!./4 13 #&3,3 26! +/4 3!46+5 /4
/5!-& /44/-4&$-&#&5&8/4K!- !-%++ FCV^^XLF

M@P@LK@-+'4'4!" /33"41/-!"- ',7+5'1+","!'-5"

+ -+&4&4 ! /33!41/- !-& ,7+5&1+! 4! 3!+&; / /- !+ 13/$3, !45 '45&/
C65&+&;- / &#!3!-5!4/,- /4/,/
CC  C!5F

+ -+&4&4 ! /33!41/- !-& ,7+5&1+! -/4 1!3,&5! !8+63 +4 4&,&+&56 !4 !-53!
5/ 4 +4 83&+!4 6+&55&84 : 6-5&55&84 K1!35!-!&!-5!4  -+'5&4 !
+/35/3&/3!+&; 4LF

+-+&4&4 !/33!41/- !-&47+5&1+!KLC3!63!5-5/+43!+&/-!4!-53!


+483&+!4C/,/+43!+&/-!4!-53!+45!$/3'4 ! 83&+!F46-5"-&
!45 '45&26!4!1+&+-+&4&4 !5+4 !/-5&-$!-&:/-4536:!6- &$3,
35!4&-/ 4 / !- + 4/&&0- !-53! +4 83&+!4 -+&; 4F - &%/ $3#&/ 4!

]Y 
 

3!13!4!-5-/-)6-5,!-5!+4 &45&-54,/ +&  !4 !+5+ !/-5&-$!-&C !


#/3,26!+13/9&,&  !-53!+/416-5/43!13!4!-5 /4!453!+&/- /-!+-&8!+
!4/&&0-!-53! &%4,/ +&  !4F

                     ?  
   :26!!+/)!5/ !+!456 &/4/-+44&,&+&56 !4!-53! !+483&+!4
!456 & 4C!4 !&3C+4 &45-&4!-53!+4/4!38&/-!4F

+ -+&4&4 ! /33!41/- !-& ,7+5&1+! !4 #&+! 6- / ! /-53/+  135&3 !+
YUe !+83&&+&  5/5+F-!+-+&4&4 !+13!4!-5!53)/4!/-53/+!+ZWC\eF
  

  
 !!45!!456 &/!4 !+ZWC\eF


&56+,!-5!4/+/4!3!633!-+&4&4 !+83&-;!-#/3,&- &8& 6+ ! 
53&65/!8+6 /C1!3/!455"-& !-+&4&4 !+/43!46+5 /416! !26!-/++!8!
+4,!)/3!4/-+64&/-!4F/4    C!-53!+/426!4!!-6!-53-!+
-+&4&4 ! /33!41/- !-&4 ,7+5&1+! KLC 13!!- 4!3 ,4  !6 /4F /- !45!
,"5/ / 4! 3!633!  + $361&0- ! 53&65/4 /33!+&/- /4 !- #5/3!4 1/3
5!$/3'4F45/4#5/3!416! !-4!3,4/-8!-&!-5!413 !43&&3+/4 5/426!+4
83&+!4/3&$&-+!4K35'-!;CV^^^LF 

-+43!13!4!-5&/-!4$3#&41!3,&5!-8&46+&;3+13/9&,&  /+!)-'!-53!
+4 5!$/3'4 26! #/3,- 135! ! +4 83&+!4 !456 & 4F 4'C 13   83&+!C
26!++45!$/3'44&56 4!36-4 !/534C!453-3!#+!)- /4&,&+&56 !-6-5/
46 &453&6&0-,&!-534+45!$/3'4+!)-4+4&56&0-/-533&F

+  1/3 46 135! 65&+&; 83&+!4 6+&55&84C +/ 6+ +! 1!3,&5! 6- $3-
#+!9&&+&  16!45/26!6+26&!383&+!16! !53-4#/3,34!6-!4+6+&55&8C
!5!5 6+26&!3 5&1/ ! 3!+&0-C -/ 40+/ 3!+&/-!4 +&-!+!4 : 16! ! !43&&3 +4
3!+&/-!4!-53!+45!$/3'4 !6-83&+!4'/,/+3!+&0-!-53!+483&+!4
26!#/3,-+5+ !/-5&-$!-&F




]Z 
 

M@Q@ 5"3'+"4 : ,"5/!/+/%( "41" ($'  !"+ 1(56+/   " 61"3 '0-
!" "'5""4"- '+!" (53' /4

M@Q@L@ "4 3'1 '0- !"+ 3/5/5'1/  ",1+"!/ "- + 3" 61"3 '0- !"  "'5"
"4"- '+!" (53' /4

+ 13/5/5&1/  K/ 6+3 &+ !/8!3: 9535/3L !4 6- 4&45!, !
!953&0- !!&5!!4!-&+ !+/4'53&/4C!-#3'/KL:4 /!-+!43&#&&0-
! + /35!; ! !45/4F 6 !433/++/  13&-&1&/4 !+ -6!8/ 4&$+/C 1/3 135! ! /%-
!-!%-/+/$&!4/31/35&/-C5&!-!/,//)!5&8/6,!-53!+e !3!61!3&0-
!!&5!!4!-&+C3!41!5/+ &41/-&+!C !'53&/4C!41!&+,!-5! !#3654/,/!+
&,0-C + &, : !+ /,!+/ 6: 63!; : $3/4/3 ! /35!;C %! 26! !- +
!43&#&&0-4!,-5!-$+&-5!$3&   !+#365:-/4!1&!3 3!- &,&!-5/!-+
/1!3&0- !!953&0- !;6,/1/45!3&/3F


"4 3'1 '0-!"+13/ "4/!""4 3'$'  '0-

-4!5 ! &4/4 !-5 /4 !!3/&-/9& +!4!,/-5-!-6-!)!/,/6-3/ &++/C


/-6-/44!13 /3!41+45&/4!-53!+/4 &4/4F45/43/ &++/4 ! &4/4$&3-4/3!!+
!)! : 4! !41+;- !- 53-48!34+  &#!3!-5!4 8!+/&  !4F + 14/ ! + #365 1/3
!-&, !!45/43/ &++/4!-,/8&,&!-5/C13/8/+16-&0- !+4$+- 6+4 !!&5!
+&!3- /+!4!-&26!/-5&!-!-F45!!&5!!4!-&+!43!/$& /!-6-, !
$6C/5!-&"- /4!6-!,6+4&0-26!4!4!131/45!3&/3,!-5!1/3!-53&#6$&0-F

,%"-M@Q@"5++"!""-4,+*"!"!'4 /4"-"+"*"@ ,%"-M@R@/!'++/!"!'4 /4"-6-


"*"!"+@

][ 
 

 

,%"-M@S@/8','"-5/!"+/3"

 

,%"-M@T:M@LK@ /5/%3$(4!"+6-'!!1'+/5/!""-$6- '/-,'"-5/"-+@'+/5/


!"+ 





M@Q@M@"5"3,'- '0- 6-5'55'8!"+ "'5""4"- '+
 
 !5!3,&-&0- !+!&5!/-5!-& /!-+4!,6+4&/-!4$!-!3 4 63-5!!+13/!4/
! 3!61!3&0- !+ !&5! !4!-&+C 1!3,&5! + & !-5&#&&0- ! +4 ;/-4 /- !

]\ 
 

!9&45- 1"3 & 4 ! !&5! : + ,! &  ! + -5&   1!3 & F & 4! /-/! !+
/-5!-& /!-!&5! !!-53 :4+& 13 #4! !+13/!4/C4!16! !-)6453
+4 ,26&-4 13 6- ,:/3 !#&&!-& !- + /1!3&0-F  !,4C +/4 5/4 !+
/-5!-& / !!&5!: !+/48/+7,!-!4 !+4!,6+4&/-!416! !-4!365&+&; /413
++!836-/-53/+ !5++ / !+4/1!3&/-!4:!45&,3+4!#&&!-&4:!+3!- &,&!-5/
!+13/!4/F
 
 !5!3,&-&0- !+ /-5!-& / !- !&5! !4!-&+ 13!4!-5! !- +4 !,6+4&/-!4 !
'53&/4 13!4!-5 13/+!,4 /-4& !3+!,!-5! ,:/3!4 26! 13 +4 ,6!4534 !
;6,/F 6 +5/ /-5!-& / !- !&5! : 46 31&  5!- !-&  ,&3 464 13/1&!  !4
#'4&4%!-26!46,6!453!/4!!953!, ,!-5!/,1+& /F+-+&4&44!/,1+&
7- ,4 1/3 + -563+!; %!5!3/$"-! ! !454 !,6+4&/-!4D 4/- 6- ,!;+ !
$/5'6+4 ! !&5!C $6C 1!26!.4 135'6+4 ! + /35!; : 40+& /4 &-4/+6+!4 ,6:
#&-/4F454,!;+43!46+5-45-5!&-!45+!4D+4!13&0-!-53!!45/4!+!,!-5/4
/,&!-; 5- 13/-5/ /,/ + ,6!453 !4 3!/$& C : 4& 4! +!4 !) 3!1/43 16! !-
++!$3  !433/++3 $!+!4F  !,4C !+ /-5!-& / !- !&5! 16! ! !3!!3 /- !+
+,!-,&!-5// !5!3&/3/ !+4,6!4534K!!5!P/55CV^[]LF
 3+8+/3&0- !+!&5!!4!-&+4!%65&+&; /!+"5/ / !+3/,&0-
13/16!45/1/3!!5!:/55KV^[]L/-/& /-/3,+,!-5!/,/!+,"5/ / !/55C
26! !45&, !+ !&5! 3!61!3+! !- ;6,/4 ! '53&/4 4- /4! !- + /,&-&0-
6-5&55&8!- &4/+6&0-&  !+3/,//-!+ J+&,/-!-/C13&-&1+/-45&56:!-5!
!+/4!&5!4 !45&+ /4 !++&,0-F
 45!,"5/ /13!4!-5+$6-/413/+!,4 !& /26!5/ /4+/45!31!-/4-/
3!&/-- /- !+ 3/,/ !- + ,&4, 13/1/3&0- 26! !+ J +&,/-!-/C : !- !+ !&5!
!4!-&+ !+&,0-!45/4/,16!45/416! !-461/-!36-1/3!-5)!4&$-&#&5&8/!-46
/,1/4&&0- 6-5&55&8C 13/9&, ,!-5! !+ WZeF 45! !4 !+ 4/ ! ,6%/4
%& 3/363/45!31"-&/4/9&$!- /4C/,/&53+C!55/ !+&-+&-/C+&-+/+C!5FC26!
!-!454/- &&/-!4!91!3&,!-5+!440+/3!41/- !-!-6-ZUe+ &&0- !3/,/C
+/26!461/-!6-!33/3/-4& !3+!F56+,!-5!!4!+,"5/ /,465&+&; /13+
,! & 6-5&55&8 !+!&5!!4!-&+F
 3 !45 !5!3,&-&0-C 26! 4! 3!+&; !- 6-/4 53!4 ,&-65/4C 4! . !-  +
,6!453 +/%/+ &4/13/1'+&/ : + ,!;+ 4! & &#& /- & / +/3%' 3&/ : 4! 8+/3

]] 
 

/- &4/+6&0- ! 3/,63/J3/,5/ 1/54&/C %45 + !413&&0- !+ /+/3 !+
&- & /31/3!9!4/ !3/,/F
 
/,/!+3/,/!4,6:8/+5&+!-#/3,163/!- &4/+6&0-C!+,"5/ / !/5565&+&;
6- &4/+6&0- !4+!4 !3/,63/J3/,5/138+/33!+ !45&+ /& &#&- /!+
3/,5/ 1/54&/C 26! !4 6- 1/ !3/4/ $!-5! /9& -5! !- 3!&0- & C
3! 6&"- /4!3/,63/E

3XJf[
ff[!J 3JfX
W
 
 + #&-+ ! + 3!&0-C 6- / 13!! 6- !9!4/ ! 3/,63/C 4! 13/ 6! +
+&!3&0- !3/,/E
3XJfZ3Jf[
fX3WfX
W
 
 !-!3$' !5&8&0-K<L13!453!&0-!4 !fUCYXC1/3+/5-5/!4
5!3,/ &-,&,!-5! #8/3+!F - 13/-5/ /,/ !+ 3/,/ !4 $!-!3 /C 13/! ! 
3!&/-3/-!+ J+&,/-!-/C:/-/53/4/,1/-!-5!4,&-/3&53&/4 !+!&5!F

3/ "!','"-5/
 -$365$3"4 :13/ "4!
! !5!3,&-0 !+ /-5!-& / !- !&5! !4!-&+ !- +/4 +&,/-!4 #3!4/4 -5!4 ! 4!3
13/!4 /4 !- 13/5/5&1/ /3! 13 /5!-!3 + -5&   ! !&5! 26! 13!4!-5 +
#365F $6+,!-5! 4! 3!+&; + !5!3,&-&0- 13 +/4 +&,/-!4C 6- 8!; 26! %- 4& /
341 /4!-!+/3!F8+/3&0- !+/-5!-& /!-!&5! !+/4#365/4/,1+!5/44!
+6+135&3 !+/4/-5!-& /4 !!4!-& !5!3,&- /4!-+/35!;C,! &-5!+
3!+&0-!-1!4/+&,0-I/35!; !+4,6!4534/33!41/- &!-5!4F
/3!V $ !+&,/-!4/5!-& /4+;3C4!13/! !+!913&,& /,-6+4!13- / !
!45#/3,!+;6,/ !+/35!;C:/5!-&"- /4!+3!+&0-1!4/ !+/35!;1/3*&+/
! #365/F  /35!; 3!46+5-5! 4! 53&563 : 4! !45&+ 63-5! 6- %/3 K 135&3 !+
,/,!-5/ 26! !,1&!;  %!38&3LF ! !45 #/3,C 4! /5&!-!- +/4 ,&+&+&53/4 ! !&5!
!4!-&+/-5!-& /41/3*&+/ !/35!;C:,! &-5!+3!+&0-!-1!4/+&,0-I/35!;
4!/5&!-!!+/-5!-& /!-!&5!!4!-&+1/3*&+/ !#365/K,I $F+&,0-LF

]^ 
 

 
-",6+4'/-"4
4 ,6!4534 ! !,6+4&/-!4 4! 3!/$&!3/-    XU ,&-65/4 63-5! !+ 5&!,1/ !
63&0- ! +/4 !-4:/4 13 /-/!3 + !8/+6&0- !+ /-5!-& / !- !&5! ! +4
,&4,4F 3 5/ 4 +4 !5!3,&-&0- ! /-5!-& / !- !&5! ! +4 !,6+4&/-!4 4!
65&+&;0+,&4,-5&   !,6!453CZ, !!,6+4&0-F
!5!3,&-&0- !+/-5!-& /!-!&5!E
FJ/-6-1&1!5C. &3Z, !!,6+4&0-+,53; !!6++&&0-F!16! !. &3
$38&++13#&+&53+!6++&&0-F
FJ . &3C /- !+ &+&- 3/ $3 6 /C WZ , ! +/%/+ &4/13/1'+&/ : WZ , ! $6
!45&+  + ,53; ! !6++&&0- : +!-53 %45 +-;3 + !6++&&0- 65&+&;- / +
&-45+&0- !+#&$63F
J !45&+3 %45 26! 4! !5!5!- $/5&54 ! %6,!   !- !+ &-5!3&/3 !+ 4!31!-5'- !
!45&+&0-F 6-26! 4! . !-  + ,6!453 WZ , ! +/%/+C !- + !45&+&0- 4!
!!-3!/$!3,4 !WZ, !& /+-563+!;;!/5301& !+4,!;+4 !$6
: +/%/+F & + !45&+&0- 4! &-5!336,1! !,4& / 13/-5/ !+ /-5!-& / ! !&5!
/5!-& /4!3,4)/ !+3!+F
FJ . &3 + !45&+ /C VU , !
+ &+6& / : 6- $/5 ! &- & /3 ! -3-) !
,!5&+/F ! 16! !- . &3 WZ , ,4 ! +/%/+ &4/13/1'+&/ + !45&+ / 13 26! !+
,:/38/+6,!-#&+&5!+$&5&0-,!-&C1!3/-/!4-!!43&/13+8+/3&0-F
!FJ +/33 !+ !45&+ / /- + &4/+6&0- ! 3/,63/J3/,5/C 4&- !)3 ! $&53C
%45+-;3!+16-5/#&-+!-!+26! !413!!!+/+/33/4 /F
#FJ +/3&0- !6-+-/ ! WZ , ! WJ13/1-/+:VU, ! &4/+6&0-& /-
&- & /3F 45!  8/+6,!- ! &4/+6&0- ! 3/,63/J3/,5/ 3!26!3& / 13 +
8+/3&0- !++-/!4-!!43&/13+ !5!3,&-&0-6-5&55&8 !+!&5!F
 +/-5!-& / !!&5!13+4!,6+4&/-!446!+!!913!434!/,/1/3!-5)!:
4! !5!3,&-,! &-5!+4&$6&!-5!!913!4&0-E

(ml.Br − Br ) − (ml.blanco) * 0.001 * 100
% Aceiteesencial .(v / v) = 
(ml.muestra )



^U 


CAPÍTULOIII


 

.%25(, B020$:$-*(:5),($)-*1.+,(E)'*( #!EBF50)BF

LBJB *20,5$-*
!5!7#5(=!(2/"#-=8.1"#-(.2/#6301-B.#"(/7#/-(6(6%)6(!1J48).(!16"#-16
35.#7516 "# !-(""B 35#6#/7 8/ #63#!(- (/7#5$6 31548# '67 '15 /1 ' 6("1 5#-(="
!1.1 7-B < 31548# (/7#5#6 6#5 !1.35" < 5#!1&(" 68 #63#!(%(!(""B 6( - '<B !1/ -16
#67/"5#6 (/7#5/!(1/-#6B #63#!(-.#/7# !1/ #- 2"(&1 "# 5!7(!6 "#   48# #6 -
5#%#5#/!(  #/ 8513 35 - 351"8!!(2/ < !1.#5!(-(=!(2/ "# 8.16B < #- .6 (.3157/7#
5#%#5#/7#&-1 -35-"#%(/(!(2/"##6716E

8) "# #%#5#/!( 35 #- 8.1 "# (.2/ "#   5#!1&# -16 35.#7516 "#
"#%(/(!(2/"##67#8.1#/8513E"#./""#8.1"#(.2/'7#/("18/(.3157/7#
!5#!(.(#/71#/-169-7(.16016B+8/71!1/17516"#5(:"16"#-(.2/!1.1!#(7#6#6#/!(-#6B
#!7(/6B #7!E 671 ' 351"8!("1 8/ !5#!(.(#/71 "#- 351!#6.(#/71 "# #67 %587 < 8/
35#!(!(2/ "# 68 351"8!!(2/ 48# #67 --#:/"1  8/ -(&#51 8.#/71 "# #67B
%8/".#/7-.#/7##/630E
 !1/7(/8!(2/ 6# :/  (5 "#6551--/"1 !" 8/1 "# -16 35.#7516 48# "#%(/#/ #-
=8.1"#-(.2/#/-&8) B!1.35/"1-16:-15#61 7#/("16#/"(%#5#/7#6!.306"#
#678"(1<-6"(%#5#/!(61 7#/("6#/75#-16=8.16"(5#!711%5#6!1<-16=8.16"#!1/!#/75"1E

'2,1220',
-8.1"#(.2/351"8!("1#/6307(#/#8/6!5!7#5)67(!6"(%#5#/!(-#65#63#!71
175168.16"#(.2/"#"(%#5#/7#6=1/6"#351"8!!(2/E(#/"1#-48#6#351"8!##/.<15
!/7("" #/ - /(2/ 8513# < #- 6#&8/"1 #/ (.3157/!( #/ #- .8/"1B #6 (.3157/7#
!1/1!#5-1<!5!7#5(=5-148#'67'15/1'6("1'#!'1E
67# #678"(1 35#7#/"# #67 -#!#5 - !5!7#5(=!(2/ "#- 8.1 "# (.2/ #6301-B
6(&8(#/"1 -
8) "# #%#5#/!( "#  E # '/ /-(="1 -16 35.#7516 "# "#%(/(!(2/
#67 -#!("16 #/ "(!'
8) "# #%#5#/!(B "85/7# 75#6 !.306 "# 351"8!!(2/ !1/6#!87(:6
M!1.1%(+ 35-(/751"8!!(2/"#!. (16#/-6
8)6"##%#5#/!(358.16N<6#'/
!1.35"1 -16 "716 1 7#/("16 !1/ -16 #67 -#!("16 #/ -
8) "# #%#5#/!(E 16 8.16
/-(="166#'/1 7#/("1"#-6(&8(#/7#%15.D
• /--/7(-171"#- IB87(-(=/"17#!/1-1&)D8.16"(5#!716E
• / 3-/76 (/"8675(-#6 "# 351!#6"1 "# (.2/B #67 -#!("6 #/ "(%#5#/7#6
5#6"#351"8!!(2/B87(-(=/"17#!/1-1&)D8.16 /"8675(-#6E
  / . 16 !616 - %587 87(-(=" !155#631/") - .(6.1 -17# < -6 .8#6756 #67/
!155#-!(1/"6<351!#6"6#-.(6.1")E
[T 
 

67# #678"(1 /16 3#5.(7(5 :#5 6( - #63#!(%(!("" "#- 8.1 "# (.2/ #6301- #67
5#!1&(" #/ -
8) "# #%#5#/!( "#   1 6( '< 35.#7516 48# /1 6# #/!8"5/
3#5%#!7.#/7#E#63#!(%(!("""#-(.2/#6301-"#5(:"#-:5(#"""#-%58787(-(="B"#
-!-(.71-1&)"#-=1/"#351"8!!(2/<"#-6!1/"(!(1/#6&51/2.(!6"#"(!'1!8-7(:1E#
35#7#/"# 7. ($/ "5 -&8/ #;3-(!!(2/ "# -6 :5(!(1/#6 "# "#7#5.(/"16 35.#7516B
5#!1&("16#/-
8)"##%#5#/!("# 35#-8.1"#(.2/3548#"(!'#63#!(%(!(""
48#"#5#%-#+"<#-8.1"#(.2/#6301-38#"6#5&5/7(="1315#67E


LBKB15(2,19$151$-*
 # /-(=5/ -16 "(%#5#/7#6 35.#7516B 5#!1&("16 #/ -
8) "# #%#5#/!( "#  
358.1"#(.2/<6##678"(568!1.3157.(#/71B!1.35"16!1/-16--)#67 -#!("16<
:#5(%(!56('<#63#!(%(!(""#/!"8/135#-8.1"#(.2/#6301-E

LBKBJB,*2*$,*1-($,11,(5(1
1662-("1661-8 -#6717-#6#/-16=8.16!)75(!16(/!-8<#/71"16-16!1/67(78<#/7#6"#-
%587 48# 61/ 61-8 -#6 #/ #- =8.1 #;75)"1E / - ( LBJB 6# .8#675 - !1/75( 8!(2/  "#
-&8/16!1.31/#/7#6"#-=8.1"#/5/+#/#-!1/7#/("1#/62-("1661-8 -#6E
,).512, U
0,#$02,1 YXER
$,1,0"*$,1 [EX
)$*,$,1($01 WEV
$2)$*1 UET
%.$,1 TEW
,).512,1*$20,"*,1 SET
(7,*,$1 RE[
,).512,17,(2$(1 REZ
0,2*,$1 REUZ
*:$)1 RERSU
(LBJBEUF,).512,1:5),*0*'*1-($,11,(5(1E;0$8F;#')(.
* 2=E?C

16 "16 35(/!(3-#6 !1.31/#/7#6 #/ -16 62-("16 61-8 -#6 717-#6 #/ =8.16
!)75(!1661/-16=9!5#6<-16!("1615&/(!16E/-16=8.16 "#/5/+B-16=9!5#6

[U 
 

35#"1.(//<-!/7("""#!("16#6 +B315#-!1/755(1B#/#-=8.1"#-(.2/-16
!("1635#"1.(//61 5#-16=9!5#6M(/!-(5BS[XSNE
 !1/7(/8!(2/B #/ -6 "(%#5#/7#6 %(&856 6# 1 6#5: - #:1-8!(2/ "# -16
"(%#5#/7#635.#7516"#-8.1"#(.2/#6301-D
• D(5#!71B1 7#/("1315#;75!!(2/"#%587#/-E(-171"#- 
• D /"8675(-B351!#"#/7#"#!1/!#/75"1B+867"16-16>5(;-:-15"#
5#%#5#/!("# E
 / - (&85 6(&8(#/7# M$"50 LBJNB 6# .8#675 - #:1-8!(2/ "#- !1/7#/("1 #/
62-("1661-8 -#6717-#6#/=8.1"#-(.2/%5#6!11"(5#!71"85/7#-675#6!.306"#
#678"(1E 16 "716 #/ =8.1 "# -(.2/ (/"8675(- /1 6# .8#675/ < 48#B !1.1 6# '
!1.#/7"1 #/ #- !3)78-1 "# .7#5(-#6 < .$71"16B $67# =8.1 #6 /15.-.#/7#
!1/!#/75"1#/-(/"8675(<-8#&15#!1/67(78("1B+867"1Z>5(;B.)/(.15#!1&("1
#/-
8)"##%#5#/!("# M
N358.1"#(.2/E


TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
ST
-($,11,(5(12,2(1E;0$8F

SR

Z

X

V

T

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50UEJB-($,11,(5(12,2(1E;0$8F*:5),($)-*$02,E*8,LBJF

#38#"#1 6#5:5!2.1-#:1-8!(2/"#-!1/7#/("1#/62-("1661-8 -#6717-#6


6#./7(#/#!1/67/7#-1-5&1"#-3#5(1"1"#351"8!!(2/<"85/7#-675#6!.306
"##678"(1B-!/=/"16#-16:-15#6.6 +16#/-16.#6#6"#:#5/1#/#-!61"#-
!.30TRRTJTRRUE->5(;.)/(.1MYN#67 -#!("1#/-
8)358.16"(5#!716B6#
!8.3-##/!6(71"6-6.8#6756<31"#.16!1/6("#5548##67#:-15#6:-("135
#-8.1"#(.2/#6301-E16:-15#6%8#5"#5/&161/31!16B/16#"/#/-675#6

[V 
 

!.306B /1 61/ 5#3#7(7(:16B /( 38#"#/ !1/6("#556# 5#%#5#/!(E 67 +" 38/78-
38#"#351"8!(56#3158/."85"1(/68%(!(#/7#"#-%58748#-6#5!16#!'"6#&9/
-"#./""#-.#5!"1#/%5#6!1B:#!#6/1#6("2/#356#5351!#6"E

LBKBK20)$*$-*$:
16 !("16 15&/(!16 61/ -16 35(/!(3-#6 !1/67(78<#/7#6 61-8 -#6 "#- =8.1 "#
-(.2/E.#"("48#8.#/7-."85!(2/"#-%587B-!("#="#-=8.18.#/7<
#- 3  "(6.(/8<#E  !("#= 717- #/ #- =8.1 "# -(.2/B 6# "# # 35(/!(3-.#/7#  -16
!("16 !)75(!1 < .-(!1B 3#51 -6 :5(!(1/#6 #/ -16 :-15#6 "# !("#= 6# "# #/
#6#/!(-.#/7#-16!. (16#/-!1/!#/75!(2/"#!("1!)75(!1M(/!-(5BS[ZVNE15
1751 -"1B - !("#= "# -16 !)75(!16 #67 "(5#!7.#/7# 61!(" !1/ - !-(""E (.1/#6
!1/ 8#/!-(""B7(#/#/-716:-15#6"#!("#=MWRJXR&"#!("1!)75(!1I-NE

LBKBLB$:7(,0(

 !("#= :-15 -# /-(=" #/ -6 .8#6756 "# =8.1 "# -(.2/B "#7#5.(/ #-
!1/7#/("1"#-16"(67(/716!("16M!)75(!1B.-(!1B-!7(!11!$7(!1N"85/7#-16.#6#6"#
-6!.306#678"("6E/-$"50LBK6#.8#675-#:1-8!(2/"##67#35.#751E

[W 
 

TRRTJTRRU
5),$02,
TRRUJTRRV

$:7(,0(E"$,%20$,CF
TRRVJTRRW
ZR
YR
XR
WR
VR
UR
TR
SR 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
$:7(,0(E"$,%20$,CF

TRRVJTRRW
ZR
YR
XR
WR
VR
UR
TR 
SR
R
*0, 00, 0:, 0$( 9, 5*$, 5($,

$"50LBKB$:7(,0(*:5),($)-*$02,EF$*5120$(EFE*8,LBKF

 1.16#1 6#5:B#/#-=8.1"#-(.2/"(5#!71M$"50 LBKNB-!("#=:-15 -#


.#"( "# 71"16 -16 =8.16 #/ -6 "(67(/76 !.306 6# #/!1/752 48#  .#"(" 48#
:/=/ -16 .#6#6B #67 !("#= : "(6.(/8<#/"1 '67 #- .#6 "# .<1E  357(5 "#
<1 8.#/7 -(&#5.#/7# '67 #- :-15 (/(!(-E 671 #6 "# ("1  48# - :5(#"" "#
-(.2/351!#6""#/#51 5(-%8# (/1<357(5"#<1#5/E-=8.1"#-(.2/
(/"8675(- M$"50 LBK N 6# !1.3157 "# ./#5 .6 !1/67/7#  -1 -5&1 "# -6 75#6
!.306<B-(&8-48##/#-=8.1"(5#!71B-!.30TRRUJTRRV35#6#/72#-:-15
.6-71#/-16.#6#6"#:#5/1M+8/(1<+8-(1NE/. 16!616B=8.1"(5#!71<=8.1
(/"8675(-B -16 :-15#6 #/!1/75"16 #67/ #/ !1/61//!( !1/ -16 5#!1&("16 #/ -

358.1"#(.2/E

[X 
 

LBKBMB$:7,(2$(
"#7#5.(/!(2/"#-!("#=:1-7(-#/-6.8#6756"#=8.1"#-(.2/"(5#!71#
(/"8675(-B :-15 - !-("" "# - 587 351!#6"B 6( #6 6/ < #67 #/ 8#/6
!1/"(!(1/#6 1 #67 "#&5"" # (/(!(/"1 8/ %#5.#/7!(2/E   !1/7.(/!(2/ 68#-#
6#5 !1/ !7#5(6 !$7(!6 48# "(6.(/8<# - !-("" "#- 51. < 6 15 "# -16 =8.16 <
686/(:#-#6B"#.6"#-!-("""#-%587B/16"/("#"# -6 8#/635!7(!6"#
% 5(!!(2/<:("97(-"#-16=8.16E
$"50LBL.8#675-165#68-7"16"#-!("#=:1-7(-#/-16=8.16"(5#!71#(/"8675(-

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
$:7,(3(E"$, 3,CF

RBW

RBV

RBU

RBT

RBS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
$:7,(3(E"$, 3,CF

RBW

RBV

RBU 

RBT

RBS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBLB$:7,(2$(*:5),($)-*$02,EF$*5120$(EFE*8,LBLF

 !("#= :1-7(- "# -6 .8#6756 6# ./7(#/# .8< + "85/7# 71"6 -6 !.306B
7/71#/#-=8.1"(5#!71!1.1#/#-=8.1(/"8675(-B!1/:-15#6"#RBRTJRBRV&!("1

[Y 
 

!$7(!1IE#/-6!.306TRRTJTRRU<TRRUJTRRVE!.30TRRVJTRRWB!1.1
6#1 6#5:#/. 6%(&856M$"50 LBL9NB-6.8#6756"#=8.1#;3#5(.#/751/
.<15 !("#= :1-7(- 6(/ 6#5 8/ :-15 #-#:"1 !1.1 35 !1/!-8(5 48# '/ #;(67("1
351 -#.6"85/7##-351!#61"##- 15!(2/E!/7("""#%587351"8!("#/"(!'
!.30 %8# (/%#5(15  -6 /7#5(15#6 < - .<15 "#./" "#- .#5!"1 #/ %5#6!1B
"(6.(/8<2 - %587 351!#6" < "#63-=2 - !-("" "# #67 8/ #6!-2/ 315 "# +1 "#
016/7#5(15#6E
1"6-6.8#6756#67/.8<315"# +1"#-:-15.;(.1#67 -#!("1#/-
35
8.1"#(.2/B"#RBV&E!("1!$7(!1IE

LBKBNB20)$*$-*$,1,0"*$,1
("#/7(%(!!(2/<#-/-(6(6!8/7(77(:1"#-16!("1615&/(!1635(/!(3-#6#/
-6%58766#!1/6("#5.8<(.3157/7#35--(.#/7!(2/<-7#!/1-1&)"# # ("6
6) !1.1 - #:-8!(2/ "# 68 !-("" M 6(  #7 -EB TRRTNE 16 !("16 15&/(!16 61/ 8/
)/"(!#97(-"#-87#/7(!(""#/-16351"8!716"#5(:"16"#%5876B<48#7(#/#/.#/15
686!#37( (-("" "# !. (5 "85/7# #- 351!#6"1 < -.!#/.(#/71 48# 17516
!1.31/#/7#6"#%5876M.5#7-EBS[[VNE-!1/1!(.(#/7135#!(61"#-16/(:#-#6"#
!("16 15&/(!16 M< 686 351315!(1/#6N 31"5) 6#5 97(- 35 - "#7#!!(2/ "# 316( -#6
"8-7#5!(1/#6#/=8.16"#%5876B<48#!"%5877(#/#8/3752/9/(!1"#!("16
15&/(!16E!1.316(!(2/"#!("1615&/(!16"#%58767. ($/#6"#(/7#5$6"# ("1
68(.3!71#/-63513(#""#66#/615(-#6E3#65"#48#61/!1.31/#/7#6.#/15#6B
#/ !1. (/!(2/ !1/ =9!5#6B 61/ 75( 8716 (.3157/7#6 "# - !-("" 6#/615(- "#
%58767/71%5#6!6!1.1<351!#6"6E
6%5876!)75(!66#!-6(%(!/!1.1%5876!("6B<48#68662-("1661-8 -#66#
!1.31/#/ 35(/!(3-.#/7# "# !("16 15&/(!16 < =9!5#6B 48# 6# 87(-(=/ !1.1 #-
)/"(!#35(/!(3-"#."85#=<8/"#-635(/!(3-#6.#"("6/-)7(!6"#-!-("""#-
6 15E1635(/!(3-#6!("16"#%5876!)75(!661/-16!("16!)75(!1<.-(!1!1/75=6
"#7575(!1B #/=1(!1B1;-(!1<68!!)/(!1M5"#/(=BTRRVNE
!8.8-!(2/"#!("1615&/(!16#/-6:!81-6"#-6!$-8-6"#-16!)75(!16
#6 8/ 351!#61 5#&8-"1 315 #- "#6551--1B #- &5"1 < #- .1.#/71 < 48# :5) .8!'1
#/75#-6#63#!(#6<:5(#""#6<#6-7.#/7#686!#37( -#-!-(.M/#-#7-EBS[[WNE

[Z 
 

 .<15) "# -16 #678"(16 61 5# #- !1/7#/("1 "# !("16 15&/(!16 6# '/
5#-(="1 "85/7# - ."85!(2/ "# - %587 "# #63#!(#6 7-#6 !1.1 /5/+B 31.#-1B
./"5(/<-(.2/M18%("#7-EBTRRUNE/#6716#678"(166#"#.1675248#-!("#=
6# "# # 35(/!(3-.#/7# - !("1 !)75(!1B "(6.(/8<#/"1 #67# "85/7# - ."85!(2/ "#
/5/+B7151/+<./"5(/B.(#/75648#6#./7(#/#!1/67/7##/#--(.2/E

LBKBNBJB$,1-0$,
-!("16!25 (!11(7.(/MU VUN#68/!("115&/(!1'("5161-8 -#!1/
3513(#""#6/7(1;("/7#6<#68/5#%#5#/7#!8-(77(:1"#.8!'6%5876E
 16-(.1/#6<17516!)75(!166(5:#/!1.1%8#/7#"#:(7.(/E-!1/7#/("1"#
!("1 6!25 (!1 #/ -&8/16 -(.1/#6 '6 6("1 683#5(15  -16 XZR .&I- "# =8.1E -
!1/7#/("1 #/ !("1 6!25 (!1  #/ =8.1 "# -(.2/ 6# :# %#!7"1 6#&9/ #- 5# "#
!5#!(.(#/71 "#- !8-7(:1B !1-15 "#- %5871 !8/"1 6# 5#!1-#!7 < 7(#.31B +8/71 !1/
!1/"(!(1/#6"#-.!#/.(#/71B/7#6"#351!#65-E
 -!1/7#/("1#/!("16!25 (!1:5)7. ($/6#&9/-:5(#""B#""B7(31"#
7#+("1B #67!(2/ < !1/"(!(1/#6 . (#/7-#6E - !1/7#/("1 #/ (7.(/  #/ %58716
(/"(:("8-#6 38#"#/ 68%5(5 :5(!(1/#6 !1/6("#5 -#6B < 48# 315 #+#.3-1 8/ -(.2/
"#/751"#8/-17#B38#"#!1/7#/#5'678/XR^.6"#!("16!25 (!148#1751E
  $"50 LBM .8#675 -16 5#68-7"16 !("1 6!25 (!1 #/ -16 =8.16 "(5#!71 #
(/"8675(-


[[ 
 

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
ZRR

$,1-0$,E)"CF
YRR
XRR
WRR
VRR
URR
TRR

SRR
R
*0, 00, 0:, 0$( 9, 5*$, 5($,

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
ZRR
$,1-0$,E)"CF

YRR
XRR
WRR
VRR
URR
TRR

SRR
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBMB$,1-0$,*:5),($)-*!01,EF$*5120$(EFE*8,LBMF

/ - (&85 /7#5(15 6# 1 6#5:/ !1/!#/75!(1/#6 "# !("1 6!25 (!1
!1.35#/"("6#/75#URRJYRR.&I#/-.<15)"#-6.8#6756B6(/"(%#5#/!(6#/75#
8/(""#6 351"8!7(:6E  #67! 8/ -(&#51 8.#/71 #/ -(.2/ #5/ < #/ - !.30
TRRUJTRRVE#(#(,#'(!/#((*%'!,#' ! #%'* #

 $!5

LBKBNBK$,%20$,
- !("1 )75(!1 #6 8/ !("1 15&/(!1 MX ZYN 35#6#/7# #/ - .<15) "# -6
%5876B 61 5# 71"1 #/ !)75(!16 M!("1 .<15(75(1NE  .<15 !1/!#/75!(2/ "# !("1
!)75(!1#/-16-(.1/#6-31"#.16#/!1/755#/#-=8.1<-.6 +#/-!157#=E

SRR 
 

/-$"50 LBN6#.8#675-#:1-8!(2/"#-!1/7#/("1"#!("1!)75(!1"85/7#
-675#6!.306#/-648#6#5#-(=2#-#678"(1E

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
SRR
$,%20$,E"CF

YW

WR

TW 

R
*0, 00, 0:, 0$( 9, 5*$, 5($,

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
SRR
$,%20$,E"CF

YW

WR

TW 

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50UENB$,%20$,*:5),($)-*!01,EF$*5120$(EFE*8,LBNF

1.16#38#"#:#5B/1#;(67#35!7(!.#/7#"(%#5#/!(#/75##-=8.1"(5#!71<
#-(/"8675(-E. ($/6#35#!(-6#.#+/=#/75#-6&5%(!6"#:-15#6"#!("#=<
"#!("1!)75(!1B#6#-!("1.<15(75(1<#-5#%#5#/7##/48#6##;35#6-!("#=E
=DH,#'(!/#(!'#'( ! #%'* #
 $!5
LBKBNBLB$,D 1,%20$,
- !("1  J 61!)75(!1 MX ZYN #6 8/ !("1 15&/(!1 (.3157/7# "#- 8.1 "#
(.2/B .#7 1-(71 "#- !(!-1 "# 5# 6 48# 6# &#/#5 "#638$6 "# - 5#!1.1"!(2/ "#
!("1!)75(!1E##/!8#/75#/.#/15#6!1/!#/75!(1/#648##-E!)75(!1B61-1#/=8.1B
/1#/- #"11%-:#"1B!1/:-15#6"(%#5#/7#66#&9/#-15(&#/"#-%587E
SRS 
 

$"50 LBO.8#675-16:-15#6"#-!("1J 61!)75(!1#/-16=8.16"(5#!71#


(/"8675(-/-(="16#/-675#6!.306"##678"(1E

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
XRR
$,D 1,%20$,E)"CF

WRR
VRR
URR
TRR
SRR 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
XRR
$,D 1,%20$,E)"CF

WRR
VRR
URR
TRR
SRR
R
*0, 00, 0:, 0$( 9, 5*$, 5($,
,


$"50LBOB$,D 1,%20$,*:5),($)-*$02,EF$*5120$(EFE*8,LBOF

/ - %(&85 6# 1 6#5: 8/ &5/ !155#-!(2/ #/75# . 16 =8.16B 6(#/"1 - !.30
TRRVJTRRW #/ - 48# 6# 1 7(#/#/ :-15#6 .6 #-#:"16 "# !("1  J 61!)75(!1B 1
#;(67#/&5/"#6:5(!(1/#6#/75#8/(""#6351"8!7(:6B


#(,#'(#)!#(%'(!)!()!)((#'!(#!#(,#'(
* #
 $!2 (*!?<H *()'(#!,#'(%#'# ! #5



SRT 
 

LBKBNBMB2$,B%20$,CBD 1,%20$,
6!1/!#/75!(1/#6"#!("1!)75(!1#67/!155#-!(1/"6!1/-6"# 61!)75(!1E
"#.6B#-57(138#"#6#586"135"#7#!758/!("(%(!!(2/"8-7#5""#8.1
"#(.2/B!1/!("1!)75(!1#;2&#/1E7(16315"# +1"#SRR%8#51/#/!1/75"16#/
-&8/16!616E/ 67/7#6.8#67566#'683#5"1#-57(1.;(.1B%(+"1315-

358.1"#(.2/B"#TRRE16=8.16 7-(/16.8#675/:-15#6-716MSZR351;NB
#/ =8.16 "# 8".$5(!B -(%15/(B 630 # 65#- #67/ /15.-.#/7# 315 "# +1
ME EENE
!$"50 LBP.8#675-16:-15#6/-(="16"#-7(1E)75(!1IEJ 61!)75(!1
#/-675#6!.306<#/8.16"(5#!716#(/"8675(-#6

500,00

400,00
Ratio Cítric- D-isocítric

300,00

200,00

100,00

0,00
IndustrialAuthentic
Juice 2002-2003
samples
Industrial
2002-2003
Authentic
Juice 2003-2004
Samples
Industrial
2003-2004
Authentic
Juice 2004-2005
Samples 2004-2005

Year

$"50LBPA2$,B%20$,CB 1,%20$,
1.1'<:5(!(2/#/-16:-15#6"#E)75(!1<"#EK 61!)75(!1B#-7(1E)75(!1IEK
61!)75(!17(#/#7. ($/&5/"#6:5(!(1/#6<6#"#6:)"#-#67/"5%(+"1#/-
8)"# E

.*!'!!),#'(9@?H:&*'! - #()#%#'
* #
 $!2)!)#/* #(')#(# #!*()'(2(>%' '( %"(9BEH:5
LBKBNBNB$,D($,
< 48# "(67(/&8(5 #/75# !("1 J-(!1 < J-(!1E - J-(!1 /1 -1
#/!1/75.16#/=8.1"#-(.2/E
- !("1 -(!1 MV XWN #6 8/1 "# -16 !("16 15&/(!16 35#"1.(//7#6 #/ -
/785-#=<%!(-.#/7#.#7 1-(= -#315-16.(!5115&/(6.16 M!1/!#/75!(1/#6.8<
+6"#!("1.-(!1/16(/"(!&5/"#&5"!(2/.(!51 (/#/-.8#675/-(="NE

SRU 
 

67#!("1-1#/!1/75.16#/%5876<:#5"856!1/6 15!("1E/#--(.2/-.<15
!1/!#/75!(2/"#!("1J-(!1-1#/!1/75.16#/-6'1+6M(/!-(5</<BS[VYNE
;(67# &5/ !155#-!(2/ #/75# "16 !("16 .8< (.3157/7#6B #- !)75(!1 < #- "J
.-(!1E (!' 5#-!(2/ 6# .("# #/ 57(1 !)75(!1I"J.-(!1B 48# #/ !61 "#- -(.2/ !79
!1.157(1"#."85#=B8.#/7-:#=48#6#"#6551--#-%5871E8671-1!1/755(1
1!855##/-6/5/+6E-15#6"#57(1"#SWJTR#/%58716(/."851661/!155#!716B<
-16!1.35#/"("16#/75#TRJUR!8/"1-%587-!/=68."85#=E

/1 "# -16 !. (16 .6 (.3157/7#6 #/ - !1.316(!(2/ "#- %5871 "85/7# #-
3#5(1"1"#-.!#/"1#6#-6(&/(%(!/7#"#6!#/61"#-!1/7#/("1"#!("1J.-(!148#
!1/--#: 7. ($/ 8/ 8.#/71 "# !("1 !)75(!1 "# ("1  - 3$5"(" "# &8 "#- %5871
M(/!-(5</<BS[VWNE
!$"50LBQ.8#675-16:-15#6#/8.1"(5#!71#(/"8675(-#/-6U!.306

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
W
VBW
$,($,E"CF

V
UBW
U
TBW
T
SBW
S 
RBW
R
*0, 00, 0:, 0$( 9, 5*$, 5($,




SRV 
 

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
W
VBW
$,($,E"CF V
UBW
U
TBW
T
SBW
S
RBW 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBQB$,D($,*:5),($)-*$02,EF$*5120$(EFE*8,LBQF

 1.1 6# 1 6#5: #/ -16 5#68-7"16 1 7#/("16 /1 '< :5(!(1/#6 35#!( -#6
#/75#8/(""#6351"8!7(:6B3#516)#/75#!.306B<48#-6!1/!#/75!(1/#6#/-
!.30TRRVJTRRW61/683#5(15#6-61756"16E

##(#(,#'((#!#'(#!#(()#(!* #
 $!

LBKBOB20)$*$-*:601
16 =8!5#6 35#"1.(//7#6 #/ -16 !)75(!16 61/ !516B 58!716 <
-8!16B
6(&8(#/"1#-6(&8(#/7#3#5%(-"#=8!5#6#;35#6"1#/^#/-7 -LBTE
$)-* 0,1 (5,1 052,1

&ISRR& ^717- &ISRR& ^717- &ISRR& ^717-
8.1 RBSZ SS RBWT UT RB[T WY
587
RBVS SU SBV VV SBUW VU
/7#5
0,1 (5,1 052,1
0*'
&ISRR& ^717- &ISRR& ^717- &ISRR& ^717-
8.1 VBY V[ TBUX TW TBUZ TW
587
VBS[ V[ TBWS UR SBZS TS
#-"
(LBKB*2$9U (5,1@052,190,1*!052,1%20$,1E,52#)9B@JRPIF

LBKBOBJB (5,1

-8!16 #6 8/ .1/16!5("1 MX STXN 48# 6#  615 # "(5#!7.#/7# -
7155#/7#6/&8)/#1"85/7#-"(&#67(2/E6!$-8-6-187(-(=/!1.1%8#/7#35(.5("#

SRW 
 

#/#5&)E 6 8/1 "# -16 35(/!(3-#6 351"8!716 "# - %1716)/7#6(6 < !1. 867( -# 35 -
5#63(5!(2/!#-8-5E
&-8!16#6#-6#&8/"1=9!535#"1.(//7##/#-=8.1"#-(.2/E/#678"(1
67"18/("#/6#.8#6758/.#"("#WBT&I"#&-8!16EUT^"#-717-M(LBKNE16
:-15#61 7#/("16#/-16=8.16"#(.2/"##67##678"(1B61/ZBST&I"#351.#"(1#/
=8.1 (/"8675(- < YB[U &I #/ =8.1 "(5#!71E . 16 5#68-7"16 61/ 352;(.16 <
683#5(15#6-16:-15#6.#5(!/16E-.<15!1/7#/("1#/8.1(/"8675(-6#5)315-
.<15(/:#56(2/"#-6!516#/#6716B"# ("1-16351!#6167$5.(!16.6(/7#/616E

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
ST
SR
(5,1E"CF

Z
X
V
T
R 
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
ST
SR
(5,1E"CF

Z
X
V 
T
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBRB (5,1*:5),($)-*!01,EF$*5120$(EFE*8,LBRF

1.16#1 6#5:#/-%(&85/7#5(15-16:-15#6"#&-8!16#/=8.16#6301-#6
16!(-/ #/75# -16 X < [ &IB < /1 6#  1 6#5:/ :5(#""#6 6(&/(%(!7(:6 #/75# 8/(""#6
351"8!7(:6E
##(#(,#'(!/#((#!#!#'!)(#!%'* #
 $!5
SRX 
 

LBKBOBKB052,1
%58!716#61751.1/16!5("1B(62.#51"#-&-8!16E%58!716#6#-=9!5
48# #/!1/75.16 #/ .<15 !1/!#/75!(2/ #/ #- =8.1 "# -(.2/E  51:(#/# "# -
'("52-(6(6"#-6!516B!1.1-&-8!16E-.<15315!#/7+#"#-%5871#67#/#-=8.1E
/-(%15/(-16:-15#6.#"(16"#%58!7166#6(79/#/[BT.&IM187'.<"B
S[YRNE/=8.1#6301-(/"8675(--16:-15#66#.8#675/#/-%(&85M%(&85LBSRNE

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
ST

SR
052,1E"CF

Z

X

V

T 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
ST
SR
052,1E"CF

Z
X
V 
T
R
*0, 00, 0:, 0$( 9, 5*$, 5($,

$"50LBJIB052,1*:5),($)-*!01,EF$*5120$(EFE*8,LBJIF

##(#(,#'(!/#((#!#!#'!)(#!%'* #
 $!5

 /-6$"501UER9UEJI31"#.161 6#5:5-6(.(-(78""#:-15#6#/#-


!1/7#/("1"#
-8!16< 58!716B6(/&5/"#6"(%#5#/!(6#/75#!.3061351"8!!(2/E

SRY 
 

LBKBOBLB0,1
6!516MST TTSSNB#6#-=9!5.#/1635#"1.(//7##/#-=8.1"#-(.2/B<315#-
!1/755(1#-.6 8/"/7##/#-=8.1"#/5/+M(LBKNE

 !1.316(!(2/ "# -(.1/#6 !1.#5!(-#6 "# -(%15/( .8#675/ !1/!#/75!(1/#6 "#
6!516 "# RB[ &I #/ - !157#=B SBZ &I #/ - 357# !1.#67( -# < RB[ &I #/ =8.1
M(5"6--#7-EBS[XSNE/-16=8.16#6301-#6/-(="16#/#67##678"(1B-16:-15#6"#
6!516 61/ .<15#6B UBV[ &I #/ =8.1 (/"8675(- < VBWT &I #/ =8.1 "(5#!71
M683#5(15#6315-.#/15(/:#56(2/NE
358.1"#(.2/%(+:-15#6"#RJY&IE

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
SR

Z
0,1E"CF

X

V

T

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$( TRRUJTRRV
SR TRRVJTRRW

Z
0,1E"CF

X
V
T 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBJJB0,1*:5),($)-*!01,EF$*5120$(EFE*8,LBJJF

 1.11 6#5:.16#/-$"50 LBJJB#;(67#&5/6(.(-(78"#/75#8/(""#6351"8!7(:6E


16 :-15#6 "# - !.30 TRRTJTRRU %8#51/ 683#5(15#6B "# ("1 351  -#.#/7#  -6
!1/"(!(1/#6!-(.7(!6E
##(#(,#'(!/#(()!!#!#'!#!%'* #
 $!5


SRZ 
 

LBKBPB$*0(1
16 .(/#5-#6 61/ #-#.#/716 6(!16 #/ #- "#6551--1 "# -6 3-/76 < -16 351!#616
.#7 2-(!16E 1/!#/75!(1/#6 "# -!(1B &/#6(1B 16%151 < 176(1 61/ 6(&/(%(!7(:.#/7#
683#5(15#/-3(#-48##/-357#!1.#67( -#1=8.1E-!1/7#/("1#/'(#551#6.<15#/-3(#-
<357#!1.#67( -#48##/#-=8.1E-!1/7#/("1#/61"(1#65#-7(:.#/7# +1B#/!1/75/"16#
- .<15 !1/!#/75!(2/ #/ -16 7#+("16 "# - 3(#-E - 176(1 #6 #- .!51/875(#/7# 48# 6#
#/!8#/75#/.<15!1/!#/75!(2/#/#--(.2/M(/!-(5BS[ZVNE

LBKBPBJB($,
- !-!(1 #6 8/1 "# -16 .!51/875(#/7#6 (/"(63#/6 -#6 35 #- !5#!(.(#/71 <
"#6551--1 "# -6 3-/76 < /(.-#6E / !8#531 /15.- !1/7(#/# .6 !-!(1 48#
!8-48(#51751!1.31/#/7#.(/#5-E-!-!(1#68/1"#-16!1.31/#/7#6#6#/!(-#6"#
-16 7#+("16 "# -6 3-/76E 67 35#6#/7# #/ &5/"#6 !/7(""#6 !1.1 6-#6 (/61-8 -#6
M1;-71"#!-!(1N<#6.8!'1.#/16.2:(-48#17516#-#.#/716.(/#5-#6E#!8.8-
#/-167#+("16"#-%587<-6'1+63#51/1.(&5-( 5#.#/7#175167#+("16E-!-!(16#
#/!8#/75  +6 !1/!#/75!(1/#6 #/ -6 '1+6 +2:#/#6 "# -16 !)75(!16B < 8.#/7
53(".#/7# '67 48# -6 '1+6 7(#/#/ U 1 V .#6#6 M1/#6 /" 5,#5B S[WRNE 6
3-/76 !8.8-/ !8751 :#!#6 .6 !-!(1 6( !5#!#/ #/ 68#-16 6(!16B 48# 6( 6#
"#6551--/#/68#-16!("16E
  8/"/!( "# !-!(1 #/ - !157#= (/"(! 48# -&8/ !/7("" "# !("1
1;-(!1 #6 -.!#/" #/ #67 < 31"5) 6#5 (/.#"(7.#/7# !1/:#57("1 #/ 6-#6
(/61-8 -#6"#!-!(1M(/!-(5</<BS[VYNE1/61-18/3#48#075="#!("11;-(!1
48#35#=!#/-3(#-38#"#6#56#0-68%(!(#/7#35#:("#/!(548##-!-!(135#6#/7#
!1.1!("11;-(!1#6736/"11;-71"#!-!(1(/61-8 -#E-15#6#-#:"16"#3 
#/ - 3(#- #6 7. ($/ #:("#/!( 48# #- !("1 1;-(!1 #67$ #/ %15. "# 6- !-!(!E 
!1/7(/8!(2/6#.8#675/-16:-15#6#/8.1"#-(.2/#6301-#/-%(&85LBSTE

SR[ 
 

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
XRR

WRR
($,E)"CF
VRR

URR

TRR

SRR 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
XRR

WRR
($,E)"CF

VRR

URR

TRR

SRR 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBJKB($,*:5),($)-*!01,EF$*5120$(EFE*8,LBJKF

1.16#1 6#5:#/-$"50 LBJKB-6!1/!#/75!(1/#6"#!-!(1#/-!.30TRRUJ


TRRV %8#51/ .8!'1 .6 #-#:"6 48# -6 1756E / "(!' !.30B -6 !1/!#/75!(1/#6 "#
!-!(1#/=8.1(/"8675(-B6#"(63551/357(5"#-.#6"#.5=1E
6=1/6"#!8-7(:1"#(.2/#/6307(#/#/68#-16!-!5#16!1/#-#:"1!1/7#/("1
#/-!(148#!13&5/357#"#-!3!("""#!. (1!7(2/(!1"#-!1.3-#+1"#!. (1"#-
68#-1B#671'!#48#-"(631/( (-("""#!-!(135-3-/7B6#.8<&5/"#B#63#!(-.#/7#
756 3#5(1"16 "# --8:( #/ 48# #- 68#-1 6# !("(%(! 61-8 (-(=/"1 #6# !-!(1B '!($/"1-1 .6
"(631/( -#35-65)!#6E671#6-148#'68!#"("1#/-6"(%#5#/7#6.8#6756!1/:-15#6"#
-!(1.8<#-#:"16E
#( ( *()'( !/( ! () )'# * %! #! #( ,#'( ! #( 
#%'* # $!.*!%#'!) %#')!)(*%',#' - #4>AH

SSR 
 

 %"><<?8<@!* #')#!*()'2=<H!><<>8<?3>AH><<@8<A.A<H!
><<?8<@5

LBKBPBKB"*1$,
 - .&/#6(1 #6 1751 .!51/875(#/7# 48# 31"#.16 #/!1/755 #/ #- =8.1 "#
-(.2/E-!1/7#/("1#/.&/#6(1/1#675#-!(1/"1!1/-:5(#""/(#-15(&#/"#-
%587E 6 +8/71 !1/ #- 61"(1 #- 48# 6# #/!8#/75 #/ .#/15 !/7("" < -16 5#68-7"16
1 7#/("16#/-6.8#6756"#8.1"#-(.2/#6301-#678"("6#67/#/-%(&85LBSUD

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
TWR
"*1$,E)"CF

TRR

SWR

SRR

WR

R
*0, 00, 0:, 0$( 9, 5*$, 5($,

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
TWR
"*1$,E)"CF

TRR

SWR

SRR

WR

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBJLB"*1$,*:5),($)-*!01,EF$*5120$(EFE*8,LBJLF

1.1 6# 1 6#5: #/ - !$"50 LBJL -16 /-(6(6 "# .&/#6(1 1 7#/("16 "# -6
.8#6756"#-#678"(1B61/.8<6#.#+/7#6<!1/&5/!155#-!(2/#/75#=8.1"(5#!71<
=8.1 "# 351!#"#/!( (/"8675(-E - (&8- 48# !1/ #- -!(1B  357(5 "#  5(-B -

SSS 
 

!1/!#/75!(2/ "# .&/#6(1 #/ 8.1 /"8675(- "85/7# - !.30 TRRUJTRRVB
8.#/7 !1/6("#5 -#.#/7# 315 - .(6. 5=2/ 8/48# #- &/#6(1 #6 .#/16
 8/"/7##/#-68#-1E
>< H  #( ,#'( !/#( ! * # ')# !   %" ><<> 6<? . =A H  * #(
')#(  !*()'2  %" ><<? 6<@ 9 !#( %'%)#!(: . *! !) !) ! 
,''!2'#!#(,#'((#!!'#'(#( ! #(%'* #
 $!5

LBKBPBLB,21$,
6 #- .(/#5- M.!51/875(#/7#N 48# 6# #/!8#/75 #/ .<15#6 !1/!#/75!(1/#6
#/#-%5871E##/!8#/75#/.<15351315!(2/#/-3(#-B<357#6(&8-#6#/-=1/
!1.#67( -#<=8.1E!1/!#/75!(2/"#3176(1!8#/7!1/8/XRJYR^"#-717-"#-16
!7(1/#6 "# -6 !#/(=6 #/ -16 -(.1/#6B < #6 .8< 351  -# 48# -16 !(75716 #67$/
35#6#/7#6#/#-=8.1!1.1!(757163176(!16E/-71!1/7#/("1#/3176(1#/%58716
!)75(!16B#6761!("1!1/8/&5/!("#=M(/!-(5</<BS[VYN<!1/"8!7(:(""E
- 3176(1 #6 8/ #-#.#/71 #6#/!(- #/ - -(.#/7!(2/ "# -6 3-/76E 6 7)3(!1
48# 8/1 "# -16 #-#.#/716 #6#/!(-#6 6# !1. (/# !1/ !1.31/#/7#6 15&/(!16 35
%15.5 !1.31/#/7#6 #6758!785-#6 "# -6 !$-8-6 < 7#+("16 "# -6 3-/76E - 3176(1
35#!#%8/".#/7-.#/7#35+8&58/33#-5#&8-715(11!7-)7(!1B<#6(.3157/7#
35#-!1/751-"#-'("57!(2/"#-167#+("16E-6(67#.5"(!8-5 615 #3176(1#/
.<15&5"148##-61"(1E
/ /8.#51616 #678"(16 5#-(="16 61 5# -16 #%#!716 "# -6 3-(!!(1/#6 "#
3176(1 61 5# #- 5#/"(.(#/71 "# -16 -(.1/#6 M. -#71/ < 1/#6B S[XZNB 6# '
"#.1675"1 48# - /875(!(2/ "# -16 5 1-#6 !1/ 3176(1 7(#/# 8/ #%#!71 61 5# #-
!5#!(.(#/71"#-!-("""#-%5871E-!1/7#/("1#/176(1B#/!1/75"1#/"(%#5#/7#6
=8.16 "# "(:#5616 15)&#/#6B /1 "(%(#5# .8!'1 M B TRSWNB #6 8/ :-15 67/7#
!1/67/7#<#67 -#E/68#-16!-(=16#"(7#55/#16B6#&9/-635#!(3(7!(1/#638#"#
#/!1/7556#.61.#/163176(1"(6316(!(2/5"(!8-531568.1:(-(""!3(-5#/#-
68#-1E16"716/-(="16#/-6.8#67561 +#71"#-#678"(16#:#/#/-!$"50LBJMD

SST 
 

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
TRRR
SYWR
,21$,E)"CF SWRR
STWR
SRRR
YWR
WRR
TWR 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
TRRR
SYWR
,21$,E)"CF

SWRR
STWR
SRRR
YWR
WRR
TWR 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBJMB,21$,*:5),($)-*!01,EF$*5120$(EFE*8,LBJMF

 16 :-15#6 "# -6 !.306 TRRT J RU 61/ -(&#5.#/7# 683#5(15#6  -16 "# -
!.30 TRRWB "#.6 6# 1 6#5: !1.1 -16 :-15#6 !155#631/"(#/7#6  -(.2/ #5/
61/ (/%#5(15#6  -16 "# -(.2/ %(/1B 6(/ "(%#5#/!(5 8/(""#6 351"8!7(:6E 16 .(/#5-#6
176(1J&/#6(1&85"/&5/!155#-!(2/E

') !))#(( *()'(%'(!)!,#'(#'(#!%'* #


 $!5
-()*!!+ '#!'#'=<H %"><<?7<@#!,#'(%#'# ! #5

SSU 
 

LBKBPBMB,$,

1"#.16 #/!1/755 -16 6(&8(#/7#6 :-15#6 "# 61"(1 #/ #- %5871 #;35#6"16 #/
M.&ISRR.&"#3#61%5#6!1NDXBW#/-3(#-BTBW#/-%5!!(2/!1.#67( -#<S#/#-=8.1
M(5"6--#7-EBS[XSNE
 !/7("" "# 61"(1 -.!#/" #/ -16 -(.1/#6 #6 5#-7(:.#/7# +B
(/"#3#/"(#/7#.#/7#"#-:5(#""E-!1/7#/("1#/-!(1&85"8/&5/!155#-!(2/
!1/#-!1/7#/("1#/1"(1#/#-=8.1"#-(.2/E


TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
TRR
SYW
SWR
,$,E)"CF

STW
SRR
YW
WR
TW 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
TRR
SYW
SWR
,$,E)"CF

STW
SRR
YW
WR
TW 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBJNB,$,*:5),($)-*!01,EF$*5120$(EFE*8,LBJNF

1.16#'1 6#5:"1B'<&5/35-#-(6.1#/75#. 68/(""#6351"8!7(:6E/-


!.30 TRRUJTRRVB -16 :-15#6 "# 1"(1 6# "(635/ #/ !1.35!(2/ !1/ -6 1756 "16

SSV 
 

!.306B "# ("1 35(/!(3-.#/7#  - #6!6#= "# 35#!(3(7!(1/#6E - 61"(1 7(#/# 8/ &5/
.1:(-(""#/#-68#-1<38#"#6(7856#/(:#-5"(!8-5B315!3(-5(""B#/3#5(1"16"#6#48)E
/ #6716 3#5(1"16 -  615!(2/ 5"(!8-5 "# 61"(1 #6 .6 -7 < -16 :-15#6 48# 38#"#/
1 7#/#56##/#-=8.161/5#-.#/7#-716B.8<315#/!(."#-16".(7("16315-&8) E
*( *()'(!#()!!)'#,#'#  %'* #
 $!5

LBKBQB20)$*$-*!,1!2,1915(!2,1
16%716 < 8-%716 61/ /875(#/7#6 48# #/!1/75.16 "# %15. .(/15(75( "#/751 "#-
=8.1 "# -(.2/E 6716 !1.38#6716 :5)/ .8!'1 6#&9/ -16  1/"16 3-(!"16  -16 !8-7(:16B
&86"#5(#&187(-(="6B"(631/( (-(""#/#-68#-1<!1/"(!(1/#6!-(.71-2&(!6E

LBKBQBJB-1!,0,2,2(
-%16%151#61751"#-16.!51/875(#/7#635#6#/7#6#/-63-/76E-!1/7#/("1
"#%16%151717-#/#-68#-1&85"8/3#48#05#-!(2/!1/#-%16%151"(631/( -#35
#- !5#!(.(#/71 "# - 3-/7E - %16%151 6# #/!8#/75 #/ #- 68#-1 #/ "(:#566 %15.6
48).(!6B - .<15) -1 #/!1/75.16 !1.1 (/61-8 -#B 315 -1 48#B "# #.16 31575
68%(!(#/7#%16%7161-8 -#35#-!5#!(.(#/71<."85!(2/"# -63-/76<%58716E
!/7("" 717- 35#6#/7# #/ #- 68#-1 "# %16%71 61-8 -# #/ &8 #6 !6( 6(#.35# .#/15
48#-!/7(""!1/68.(""85/7##-!5#!(.(#/71"#-%5871E
-%16%1517(#/#8//17 -#(/%-8#/!(#/-!-("""#-%5871B8/48#/16#'/
1 6#5:"1#%#!71661 5##-5#/"(.(#/71E/!.316"#358# B"#%(!(#/!(6"#%16%151
/16.8#675/8/%5871-5&1B&58#61!1/!157#=67. ($/"#&5/&51615<!1/!#/7516
'8#!16 M. -#71/ #7 -EB S[WTNB "#.6 8/ %5871 !1/ "#%(!(#/!( #/ %16%151 7(#/# 8/
!1-15/5/+.6351%8/"148#8/%5871/15.-M'3./<</#5BS[WSNE
- !1/7#/("1 #/ %16%151 /1 &85" /(/&8/ 5#-!(2/ !1/ #- !1/7#/("1 #/ !("1
6!25 (!1#/=8.1"#-(.2/B!1.16)1!855#!1/17516.(/#5-#6E/!. (1B#/=8.16
"# /5/+ < ./"5(/ 6( &85"/ 8/ 5#-!(2/ (/:#56 #- !1/7#/("1 #/ %16%151 < #-
!1/7#/("1#/:(7.(/E

SSW 
 

5),$02, TRRTJTRRU
TRRUJTRRV
TRRVJTRRW
TWRBRR
-1!,0,2,2(E)"CF
TRRBRR

SWRBRR

SRRBRR

WRBRR

RBRR
*0, 00, 0:, 0$( 9, 5*$, 5($,
 

5),$*5120$( TRRTJTRRU
TRRUJTRRV
TRRVJTRRW
TWRBRR
-1!,0,2,2(E)"CF

TRRBRR

SWRBRR

SRRBRR

WRBRR

RBRR
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBJOB(,012,2(*5),$)-*BE*8,LBJOF

 1.1 6# 35#!( #/ - $"50 LBJOB /1 '< "(%#5#/!(6 6(&/(%(!7(:6 #/7#
8/(""#6 351"8!7(:6 /( #/75# !.306B < 48# -16 "716 1 7#/("16 61/ .8<
'1.1&$/#16E

#( ,#'(  $(#'# )#) ()! !)'#  '!# # %#'      %'
* #
 $!5
/&#/#5--16:-15#6(/"8675(-#661/-(&#5.#/7#.6 +1648#-16"#=8.16"(5#!716
351  -#.#/7#"# ("1-351!#61"(%#5#/!("1B.6&5#6(:1#-(/"8675(-E

SSX 
 

LBKBQBKB5(!2,1
 1668-%716/16#35#6#/7/#/#-#:"6!1/!#/75!(1/#6#/-16=8.16!)75(!16E
< 48# 7#/#5 #/ !8#/7 -6 35!7(!6 &51/2.(!6 3-(!"6B < 48# 38#"# 6#5 8/
%!715 (.3157/7# #/ #- !1/7#/("1 %(/-E 75 3513(#""  7#/#5 #/ !8#/7 !8/"1
1 7#/#.16 :-15#6 #-#:"16 #6 - !/7("" 35#6#/7# "# 68-%716 48# 7#/#.16 #/ #-
&8"#5#!1/67(78!(2/351!#"#/7#"#-757.(#/71"#68-%(7"1E16:-15#61 7#/("16
%8#51/-166(&8(#/7#6D

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
SRR

ZR
5(!2,1E)"CF

XR

VR

TR

R
*0, 00, 0:, 0$( 9, 5*$, 5($,

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
SRR

ZR
5(!2,1E)"CF

XR

VR

TR

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBJPB5(!2,1*:5),($)-*!01,EF$*5120$(EFE*8,LBJPF

1.1 6# ' 1 6#5:"1 #/ - $"50 LBJPB #- !1/7#/("1 #/ 68-%716 #/ -6 .8#6756
&85" &5/ 6(.(-(78"E 1.1 ! ) #63#55B #- !1/7#/("1 #/ 68-%716 #/  8.1 /"8675(- #6
5#-7(:.#/7# 683#5(15 - "# 8.1 "(5#!71E 671 6# "# # - 351!#61 "# 68-%(7!(2/ 868- #/ -
351"8!!(2/"#8.16!1/!#/75"16"#(.2/E

SSY 
 

##(#(,#'(!/#(()!!#!#'!#!%'* #
 $!5
[R

LBKBR20)$*$-**$:1
16!1/67(78<#/7#6"#-6!#/(=6:5)/#/#-(.2/E-!1/7#/("1"#!#/(=6"#
-357#!1.#67( -#B#6"#RBT[&5.16315!"SRR&5.16B35!7(!.#/7#(&8-48##-
=8.1 MRBTW &5.16 315 SRR &NB  (/"(! 48# 71"16 -16 !1/67(78<#/7#6 .(/#5-#6 "# -
315!(2/!1.#67( -#"#--(.2/61/61-8 -#6#/-#;75!!(2/"#-=8.1E
6!#/(=6#67/%15."635(/!(3-.#/7#315.(/#5-#6<"#/751"##6716/16
#/!1/75.16"(%#5#/7#6!1/!#/75!(1/#6M(5"6--#7-EBS[XSND

SE 6"#-S^"#-6!#/(=6MBB&BN
TE #/16"#-S^"#!#/(=6MB(B #B/BB5B-NE
UE 5=6B.#/15-RBRS^"#-6!#/(=6M8B(B(B(B BB/FNE

 !/7("" 717- "# !7(1/#6 "#- =8.1 61/ "#5(:"16 "# -16 !1/67(78<#/7#6 "#
-6 !#/(=6B 3#51 /1 71"16 -16 !1/67(78<#/7#6 #67/ !1. (/"16 !1/ !("16 15&/(!16E
-&8/16 61/ !1. (/"16 !1/ -&8/16 /(1/#6 !1.1 %16%716B 68-%716
 <  3#48#06
!/7(""#6 "# !-15"16E . ($/ #/!1/75.16 3#!7(/6 #/ -6 !#/(=6E . ($/ 6#
#/!8#/7548#8/3#48#01315!#/7+#"#!#/(=6MTB[Y^N61 5##-3#616#!1B351!#"#"
-66#.(--6"#-%5871M'3./#7-EBS[YTNE

16:-15#6"##/(=6/-(="16#/-6.8#67561 +#71"#-#678"(161/C

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
W
*$:1E"CF

V

U

T

S

R
*0, 00, 0:, 0$( 9, 5*$, 5($, 

SSZ 
 

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
W

*$:1E"CF
V

U

T

S 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBJQB*$:1*:5),($)-*!01,EF$*5120$(EFE*8,LBJQF

1.1 6# 1 6#5: #/ - $"50 LBJQB -16 "716 1 7#/("16 "# !1/!#/75!(2/ "# !#/(=6
&85"/&5/6#.#+/=7/71#/75#!.306B!1.1#/75#8/(""#6351"8!7(:6E

#( ,#'(  !/(  ( *()'( !/(2 ()! ! #!#'! #!  
%'* #
 $!5

LBKBJIB20)$*$-*.2$*1,(5(
6 6867/!(6 3$!7(!6 3#57#/#!#/ - &5831 "# -16 !5 1'("5716B !1/
!1.31/#/7#6 !1.35 -#6 #/ 7.01 .1-#!8-5 < #6758!785E 67/ !1.38#6716
35(/!(3-.#/7# 315 8/ !("1 31-(&-!7852/(!1E "#.6B - 8/("" 6(! "# -6
6867/!(6 3$!7(!6 #6 #- !("1 &-!7852/(!1E / #67"1 /785- #- !("1 &-!7852/(!1
#67%5#!8#/7#.#/7#61!("1!1/=9!5#6&-!71615 (/16E
6 3#!7(/6 (/61-8 -#6 #/ &8 6# --./ /15.-.#/7# 351713#!7(/6E 
75/6%15.!(2/ "# 351713#!7(/6 #/ 3#!7(/ 61-8 -# #6  75:$6 "# 8/ '("52-(6(6
#/=(.7(!B6)!1.13-(!/"1!-158/!1/!#/75!(2/!155#!7"#'("52&#/113 E
8/"1#-.7#5(-61-8 (-(="15#7(#/#&5/!/7("""#&58316.#71;(-1<%15.&#-#6
+1!1/"(!(1/#6"#%(/("6B6#--.3#!7(/E
.<15357#"#-66867/!(63$!7(!6-6#/!1/75.16#/-!157#=<#/#-
%-:#"1<#/.#/15!/7(""#/#-=8.1E/=8.1351!#"#/7#"# -15("#/!1/75.16
:-15#6 "# 3#!7(/ 61-8 -# #/ &8 48# 16!(-/ #/75# -16 TWRJSU[R M.&IN M186# <

SS[ 
 

/155BS[YSNE151751-"1B#/=8.16(7-(/16 5+.16:-15#6.#"(16"#WVR.&I
M
5##/<#--6BS[YSNE
16 :-15#6 "# 3#!7(/ 61-8 -# #/ &8 .6 -716 -16 #/!1/75.16 #/ =8.16
(/"8675(-#6B<5#!1/67(78("16357(5"#!1/!#/75"16<-16.6 +16#/=8.1"(5#!71
5#!($/#;35(.("1E
 16:1-5#61 7#/("16#/=8.1"#351!#"#/!((/"8675(-<#/3-/73(-17161/
-166(&8(#/7#6M$"50LBJRND


TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
XRR
3*1,(5(E)"CF

WRR

VRR

URR

TRR

SRR

R
*0, 00, 0:, 0$( 9, 5*$, 5($,

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
XRR
3*1,(5(E)"CF

WRR

VRR

URR

TRR

SRR

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBJRB2$*1,(5(*:5),($)-*$02,EF$*5120$(EFE*8,LBJRF

/=8.1"#-(.2/#6301-7#/#.168/16:-15.#"(16"#WSZM.&IN#/=8.1
(/"8675(-<UTXM.&IN#/=8.1"(5#!71#;75)"1#/3-/73(-171E16:-15#6"#-&8)

STR 
 

"# 5#%#5#/!(   6# 6(79/ #/75# -16 RJYRR M.&IN "# 3#!7(/6 61-8 -# #/ &8E
85/7# #- 351!#61 (/"8675(- - "#&5"!(2/ "# -6 3#!7(/6 (/61-8 -#6 #/ 61-8 -#6 #6
.<15B 315 -16 7(#.316 "# 351!#6"1 < - !7(:("" #/=(.7(! /785- 35#6#/7# #/ #-
=8.1#;75)"1E#')#-:-15.#"(1.6-71#/=8.16(/"8675(-#6E

 1.1 6# 1 6#5: #/ - $"50 UEJRB 31"#.16 !1.351 5 - &5/ !155#-!(2/
#;(67#/7##/-16:-15#61 7#/("16#/"716"#351!#"#/!((/"8675(-E1.(6.11!855#
!1/ -16 "716 "# 8.1 "(5#!71B 6-:1 #/ - !.30 TRRTJTRRUB "1/"# -16 "716 /1
6(&8#/-.(6.7#/"#/!(48##-5#671E
 ##(#(,#'(()!!#!#'!#!%'* #
 $!

LBKBJJ20)$*$-*
1.0$$*

16 -:1/1("#6 61/ !1.31/#/7#6 48# !1/7(#/#/ 8/ !1.3-#+1 48# (/!-8<#
%-:/1/6<&-(!26("16E.<15!1/!#/75!(2/"#%-:1/1("#6-16#/!1/75.16#/#-
- #"1"#-%587E-%-:1/1("#35#"1.(//7##/-(.2/#6-'#63#5("(/E
 #5(1!(75(/ < - '#63#5("(/ 61/ -16 "16 %-:1/1("#6 .6  8/"/7#6 #/ #-
=8.1 "# -(.2/ M16'(,( #7 -EB TRRYNE #63#5("(/ <  (16.#7(/ .8#675/ #%#!716
7#53$87(!16B %:15#!(#/"1 - !(5!8-!(2/ "#- 75/6(71 6/&8)/#1 #/ 3#48#06 :#/6
M758!,.// < (!1-("#6B S[[VNE  #5(1!(75(/ .8#675 &5/ #%#!71 1;("7(:1 M(<,#
#7 -EB S[[ZC (/71 #7 -EB TRRUNE "#.6 757.(#/716 !1. (/"16 "# '#63#5("(/ <
"(1.#7(/ .8#675/ 3513(#""#6 1;("7(:6 #/#%(!(166B 6) !1.1 - "(6.(/8!(2/ "#
'#.1551("#6(/7#5/6"85/7#-16#. 5=16M8!,6-###7-EBS[[YNE
 #5(1!(75(/B '#63#5("(/ < "(16.#7(/ !1/67(78<#/ 351;(.".#/7# #- [W^
"#-!1/7#/("1717-"#%-:1/1("#635#6#/7#6#/#-=8.1"#-(.2/%(/1M-#/
1/=-#=J
1-(/#7-EBTRRZNE
-!1/7#/("1#/%-:1/1("#6&-(!16("16#6-7.#/7#(/%-8#/!("1315-7#;785
"#-%587<-7#!/1-1&)#.3-#"E-:-15.;(.1"#7#5.(/"1"# ##675#/SWRR
.&IE#-:-15&#/8(/1"# #63#5("(/#/=8.16785 (166#6(79#/75#-16TRRJZRR.&I
6(#/"1 67/7# .#/15 #/ =8.16 !-5(%(!"16E   !$"50 LBKI /16 .8#675 -16 :-15#6
"#-#678"(15#-(="1E

STS 
 

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
ZRR


1.0$$*E)"CF
YRR
XRR
WRR
VRR
URR
TRR
SRR 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
ZRR

1.0$$*E)"CF

YRR
XRR
WRR
VRR
URR
TRR
SRR 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBKIB
1.0$$**:5),($)-*$02,EF$*5120$(EFE*8,LBKIF

 !1/!#/75!(2/ .#"( "# '#63#5("(/ 6# 6(79 #/75# TWTBTS J U[[BVY .&I <
UWTB[WJUYYBUW.&IB#/=8.1#6301-(/"8675(-<"(5#!715#63#!7(:.#/7#E151751
-"1B#/8.16"#(.2/"#-(%15/(#/!1/75.16:-15#6.#"(16"#S[Y.&IB<TUY
.&I#/=8.1"#'(/E$"50LBKI.8#675-&5/6(.(-(78"#/75#. 68/(""#6
351"8!7(:6 < #/ -6 "(%#5#/7#6 !.306E ;(67# &5/ !155#-!(2/ #/75# :-15#6 "#
#63#5("(/<!#/(=6#/=8.1E
##(#(,#'(!/#((#!#'(#!%'* #
 $!5

STT 
 



LBKBJKB20)$*$-*
$0,8$)2$(!50!50(E
F
(.3157/!("#-"#7#5.(/!(2/"#'("51;(.#7(-%85%85-M  N#/=8.16"#
%58765"(!#/68861!1.1(/"(!"15"#-'(6715("#-757.(#/717$5.(!1E-15#6
-716 6831/#/ 8/ !86" .1"(%(!!(2/ "#- 51.B 6 15 < !1-15 "#- 351"8!71 < -
"#6758!!(2/ "# -&8/6 "# 686 :(7.(/6B "# ("1  !1/"(!(1/#6 "# 351!#6"1 <
-.!#/.(#/71(/"#!8"6EM(/6.15#<&<BS[YTC&<#7-EBS[YTC58-+#7
-EBS[YUNE
-   &#/#5"1 351!#"# "# - 5#!!(2/ #/ .#"(1 !("1 "# '#;166 1 !1.1
351"8!71 6#!8/"5(1 "# - "#&5"!(2/ "# 75#!,#5 #/ 5#!!(1/#6 .(/1!5 1/(-1
M857<,85(BS[XYNE
/ #/6<16 5#-(="16 #/ =8.16 "# -(.2/ !1/!#/75"16  "(%#5#/7#6
7#.3#57856-1-5&1"#8/.#6B6#1 6#5:!-5.#/7##-8.#/71"#'("51;(.#7(-
%85%85-"#6"#!#51B'67:-15#6683#5(15#6-165#!1&("16#/-
8) MTR.&INB
!8/"1 6# 8.#/7 - #.3#5785 "# !1/6#5:!(2/E 8/"1 6# !1/6#5: #-
!1/!#/75"1315#/!(."#-16WRJWW>M90#=BS[ZZNE68/35.#751"#.#"(""#
-"#&5"!(2/"#-8.1<315#--1#/=8.16"(5#!7166#1 7(#/#/:-15#6.8< +16E
 16"7161 7#/("16#/-!.30TRRU6#.8#675/#/-!$"50LBKJD


TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
Z

$0,8$)3(!50!50(E)"CF

Y
X
W
V
U
T
S 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


STU 
 

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
Z


$0,8$)3(!50!50(E)"CF
Y
X
W
V
U
T

S
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBKJB
$0,8$)2$(!50!50(*:5),($)-*$02,EF$*5120$(EFE*8,LBKJF

1.1 6# 1 6#5: #/ - $"50 LBKJB 61-.#/7# "(631/#.16 "# "716 "# - !.30
TRRTJTRRUB !1/ -1 48# #6 (.316( -# !1.355 316( -#6 #:1-8!(1/#6 #/75# -6 "(%#5#/7#6
!.306E #/751 "# - .(6. !.30B 7.31!1 6# 35#!(/ &5/"#6 "(%#5#/!(6 #/75#
8/(""#6351"8!7(:6E
##(#(,#'(!/#(()!!#!#'!#!%'* #
 $!

LBKBJLB20)$*$-* *$!,0),(

- /(752&#/1 -1 31"#.16 #/!1/755 #/ "(%#5#/7#6 %15.6 #/ #- =8.1 "# -(.2/
!1.1/(75716B!1.38#6716"#.1/(1<.(/1!("16E- /"(!#"# 15.1-#/#-=8.1
"#-(.2/:5)351;(.".#/7##/75#SU<TXM:-15#6#;35#6"16!1.1.-"# 
RES15.-315SRR.-"#=8.1NE(!'16:-15#638#"#/:5(5315.9-7(3-#6%!715#6B
#/75#17516-%#57(-(=!(2/B!-(.B:#-1!("""#5#!!(2/"#!1.31/#/7#6#/#-68#-1F
67# :-15 7. ($/ /16 6(5:# "# 15(#/7!(2/ 35 7#/#5 8/ -(&#5 ("# "# -
!5&.(/1!)"(!48#7#/"5/8#6751=8.1E
/"716351.#"(16"#-169-7(.16016"#=8.1(65#-)B6#1 78:18/.#"("#
TRB["#)/"(!#"#%15.1-B3151751-"1#/-16=8.16"#(.2/"#630B/-(="16#/
#67##678"(1"#75#6!.306"(%#5#/7#66#1 6#5:/8/16:-15#648#6#5#%-#+/#/-
%(&85LBTTE

STV 
 

TRRTJTRRU
5),$02,
TRRUJTRRV

*$!,0),(E)
CJII)F
TRRVJTRRW
VR

UR

TR

SR

R
*0, 00, 0:, 0$( 9, 5*$, 5($,

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
*$!,0),(E)
CJII)F

TRRVJTRRW
VR

UR

TR

SR

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBKKB *$!,0),(*:5),($)-*!01,EF$*5120$(EFE*8,LBKKF

1.1 6# 1 6#5: #/ - $"50 LBKKB -16 :-15#6 "# /"(!# "# 15.1- 1 7#/("16 61/
717-.#/7#'1.1&$/#16B6(&8(#/"18/-(&#51(/!5#.#/71#/#-:-15"#-6.8#6756357(5"#-
.#6"# # 5#51'678/(1E
##(#(,#'(!/#((#!#'(#!#(#(!%'* #(

 $!5

STW 
 




LBKBJMB)$*,$,1
16.(/1!("1661/-16.1/2.#516"#-63517#)/6E6716!1.31/#/7#6#67/
%15."16 315 8/ &5831 !5 1;(-1 M NB !("1 15&/(!1 < 8/ &5831 .(/1 M NE -
U

/(752&#/1#65#48#5("1315-63-/7635-6)/7#6(6"#.(/1!("16#/#-351!#61"#
%1716)/7#6(6E(#=&583165#!7(:16#67/35#6#/7#6#/--(67"#-16.(/1!("16B#/75#
17516B  &5831 .(/1  MJ TNB &5831 !5 1;(-1 MJ NB &5831 -!1'1- -(%7(!1 MJ NB
&5831%#/2-(!1MJ B-!1'1-51.7(!1NB&5831-!1'1-(/7#5.#"(1#/75#-(%7(!1MJ N
<51.7(!1MJ N!1.1#-MJ N#/1;(351-(/B&5831(.(/1M_ NB&5831.("MJJ
 TNB<&5831MJ N#/!(67#)/E
16 5#68-7"16 "# /8#67516 #678"(16 .8#675/ 48# #- !("1 6357(!1B 51-(/B
!("1
-87.(!1<-6355&(/61/-1635(/!(3-#6.(/1!("16#/#-=8.1"#-(.2/
#6301-E#5(/<-/(/#67/!1/6("#5"16#/#-6#&8/"1&5831"#.(/1!("16.6
(.3157/7# "#/751 "#- =8.1 "# -(.2/E 7516 .(/1!("16 !1.1 - 5&(/(/B
-(!(/B
-(/B 5#1/(/B 61-#8!(/B #/(--/(/B (6(/B (516(/B
-87.(/B (67("(/ <
#7(1/(/6##/!8#/75/#/3#48#06!/7(""#6#/#-=8.1"#-(.2/E

NBJBJMBJ$,1.02$,

/-$"50UEKL6#38#"#/1 6#5:5-16:-15#6/-(="16"#!("16357(!1
#/ =8.1 "# -(.2/ #6301- "(5#!71 # (/"8675(- "85/7# -6 75#6 !.306 48#  5!
#67##678"(1E

STX 
 

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
SR

$,1.0$2,E)),(CF
[
Z
Y
X
W
V
U
T
S 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
SR
$,1.0$2,E)),(CF

[
Z
Y
X
W
V
U
T
S

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBKLB$,1.02$,*:5),($)-*$02,EF$*5120$(EFE*8,LBKLF

 !1/!#/75!(2/ "# !("1 6357(!1 #6 .8< 6(.(-5 #/75# . 6 8/(""#6
351"8!7(:6B "#67!/"1 !1/!#/75!(1/#6 (/%#5(15#6 #/ - !.30 TRRTJTRRU #/
=8.16"#351!#"#/!((/"8675(-B7#/"#/!(48#6#./7(#/#8/48#"#%15..#/16
#:("#/7##/-16=8.16351!#"#/7#6"#-3-/73(-1711=8.16"(5#!716E

##( #( ,#'( !/#( ()! ! #!#'! #!   %' * # 

 $!5

STY 
 

LBKBJMBJ(*$*

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
UBR

TBW
(*$*E)),(CF

TBR

SBW

SBR

RBW

RBR
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
UBR

TBW
(*$*E)),(CF

TBR

SBW

SBR

RBW

RBR
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBKMB(*$**:5),($)-*$02,EF$*5120$(EFE*8,LBKMF

# 35#!(/B #/ - !$"50 UEKM@ :-15#6 !1.3-#7.#/7# 6(.(-5#6B !1/
!1/!#/75!(1/#6"#-/(/6(78"16#/75#-16RBWJSBWM..1-IN#/.6"#-[R^"#-6
.8#6756/-(="6E

#'(!! *.#(!* #(%"#2!##'(#!%'


* #
 $!5

STZ 
 

LBKBJMBK0"$*$*

 165#68-7"16"#-!1/!#/75!(2/"#5&(/(/6#.8#675/#/-$"50LETW

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
S
0"$*$*E)),(CF

RBYW

RBW

RBTW

R
*0, 00, 0:, 0$( 9, 5*$, 5($,
  

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
S
0"$*$*E)),(CF

RBYW

RBW

RBTW

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBKNB0"$*$**:5),($)-*$02,EF$*5120$(EFE*8,LBKNF

/-16:-15#6/-(="16"##67#.(/1!("1#/-6.8#6756"#-(.2/#6301-B
/16#35#!(/"(%#5#/!(66(&/(%(!7(:6#/75#8/(""#6351"8!7(:6B6)#/75#!.306E


#(,#'(!/#((#!#'(#!%'* #
 $!5

ST[ 
 

LBKBJMBL1.00"$*

 16 :-15#6 /-(="16 "# 6355&(/ #/ -16 =8.16 "# -(.2/ #6301-  "(5#!71 #
(/"8675(-6#35#6#/7/#/-$"50LBKOE

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
W
VBW
V
1.00"$*E)),(CF

UBW
U
TBW
T
SBW
S 
RBW
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
W
VBW
V
1.00"$*E)),(CF

UBW
U
TBW
T
SBW
S
RBW 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBKOB1.00"$**:5),($)-*!01,EF$*5120$(EFE*8,LBKOF

!1/!#/75!(2/"#6355&(/#/=8.1"#-(.2/#6301-/1.8#675/(/&8/
"(%#5#/!( #/75# 8/(""#6 351"8!7(:6E # 1 6#5: 48# #/ - !.30 TRRVJTRRW %8#
"1/"#6#1 78:(#51/!1/!#/75!(1/#6.8<683#5(15#6-5#671"#!.306E


#(,#'(!/#( %"><<>8><<?()*''!#
%'* #
 $!2'()#()!#!#'!#!()5

SUR 
 

LBKBJMBM*$((*$*

/-%(&85UETY:-15#6/-(="16"#-6!.306#/#678"(1<"#8.1"(5#!71#(/"8675(-E

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
RBW
*$(*$*E)),(CF

RBV

RBU

RBT

RBS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
RBW
*$(*$*E)),(CF

RBV

RBU

RBT

RBS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBKPB*$((*$**:5),($)-*$02,EF$*5120$(EFE*8,LBKPF

6 !1/!#/75!(1/#6 "# #/(--/(/ 61/ 5#-7(:.#/7# +6B 1 7#/(#/"1 :-15#6 .8<
6(.(-5#6 #/75# #- =8.1 "# -(.2/ "(5#!71 < #- (/"8675(-E  !.30 TRRVJTRRW #6 "1/"# -6
!1/!#/75!(1/#6"# #/(--/(/%8#51/.6#-#:"6E

##(#(#'(!/#((#!#'(#!%'* #
 $!5

SUS 
 

LBKBJMBN ($$*

 -.(/1!("1
-(!(/7. ($/6#"#7#5.(/2#/-6.8#6756"#=8.1"#-(.2/"(5#!71
#(/"8675(-"85/7#-675#6!.306"##678"(1M (&85UETZNE

TRRTJTRRU
TRRUJTRRV

RBW 5),$02, TRRVJTRRW


($$*E)),(CF

RBV

RBU

RBT

RBS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,
 

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
RBW
($$*E)),(CF

RBV

RBU

RBT

RBS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,
  

$"50LBKQB ($$**:5),($)-*!01,EF$*5120$(EFE*8,LBKQF

1.16#1 6#5:#/-$"50LBKQB-6!1/!#/75!(1/#6"#
-(!(/#/.8#6756
"# =8.1 "# -(.2/ 6301- 55 :#= 61 5#36/ -16 :-15#6 "# RBT ..1-IE #
1 78:(#51/:-15#6.8<6(.(-5#6#/-675#6!.306E

##(#(,#'(!/#((#!#'(#!#(%'* #
 $!

SUT 
 

LBKBJMBO$, (52)$,

 /-%(&85T[6#5#%-#+/-16:-15#6/-(="16"#E
-87.(!1#/#67##678"(1E

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
V
UBW
$, (52)$,E)),(CF

U
TBW
T
SBW
S
RBW 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,
  

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
V
UBW
$, (52)$,E)),(CF

U
TBW
T
SBW
S
RBW 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBKRB$, (52)$,*:5),($)-*1.+,($02,EF$*5120$(EFB*8,LBKR

6 !1/!#/75!(1/#6 "# !("1


-87.(!1 #/ =8.1 "# -(.2/ 61/ #-#:"6B /1
1 6#5:/"16# "(%#5#/!(6 6(&/(%(!7(:6 #/75# #- =8.1 "(5#!71 < #- (/"8675(-E (/
#. 5&1B#/-!.30TRRTJTRRU%8#"1/"#-6!1/!#/75!(1/#6%8#51/.6 +6<
#/-!.30TRRVJTRRW.6-76E     

#(,#'(!/#(!#(#!#'(#!%'* #
 $!5

SUU 
 

LBKBJMBP (52)$*

16:-15#6"#
-87.(//-(="16#/8.1"#(.2/#6301-6#5#%-#+/#/-%(&85UEURE

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
RBW
(52)$*E)),(CF

RBV

RBU

RBT

RBS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
RBW
(52)$*E)),(CF

RBV

RBU

RBT

RBS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBLIB (52)$**:5),($)-*$02,EF$*5120$(EFE*8,LBLIF

# 35#!(/ !1/!#/75!(1/#6 "#


-87.(/ 315 "# +1 "# RBU M..1-IN #/
&#/#5-</16#35#!(/"(%#5#/!(6#/75##-=8.1"(5#!71<#-=8.1(/"8675(-B3#516)
#/75#!.306E1.1#/-.<15)"#.(/1!("16-!.30TRRVJTRRWB35#6#/7
-16:-15#6.6#-#:"16E!.30TRRUJTRRV35#6#/7:-15#6!6(/8-16E
 ##(#(,#'(!/#((#!#'(#!%'* #
 $!5


SUV 
 

LBKBJMBQ
$12$$*B

-15#6"# (67("(/"#-6!.306"#-#678"(1#/=8.1"#-(.2/#6301-M (&EUEUSNE

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
RBS

$13$*E)),(CF

RBRYW

RBRW

RBRTW 

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
RBS

$13$*E)),(CF

RBRYW

RBRW

RBRTW

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBLJB
$12$$**:5),($)-*$02,EF$*5120$(EFE*8,LBLJF

16 :-15#6 "# (67("(/ #/ =8.1 "# -(.2/ #6301- #67/ 315 "# +1 "# RBRW
M..1-INE!.30TRRVJTRRW35#6#/7-16:-15#6.6#-#:"16<-TRRUJTRRV-16
.6 +16E"#.6B/16#1 6#5:51/"(%#5#/!(6#/75##-=8.1"(5#!71#(/"8675(-E

##(#(,#'(!/#((#!#'(#!%'* #
 $!5

SUW 
 

LBKBJMBR 1,(5$*

 -!1/7#/("1#/ 61-#8!(/#/=8.1"#-(.2/#6301-6#.8#675#/-$"50LBLKE

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
RBS
1,(5$*E)),(CF

RBRYW

RBRW

RBRTW 

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


5),$*5120$(
TRRTJTRRU
RBS
TRRUJTRRV
1,(5$*E)),(CF

TRRVJTRRW
RBRYW

RBRW

RBRTW

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBLKB 1,(5$**:5),($)-*$02,EF$*5120$(EFE*8,LBLKF

6 !1/!#/75!(1/#6 .#"(6 "# 61-#8!(/ #/ .8#6756 "# =8.1 "# -(.2/
#6301-6-6'--.16#/RBRW..1-IE16#1 6#5:/"(%#5#/!(6#/75#=8.1"(5#!71
#(/"8675(-E!.30TRRTJTRRU35#6#/7-16:-15#6.6 +16"#-675#6E

#'( %"><<>8><<? ##'(#!%'* #


 $!5

SUX 
 

LBKBJMBJI5$*

 16:-15#6/-(="16"##8!(/"##67##678"(16#.8#675/#/-$"50LBLLE

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
RBS
5$*E)),(CF

RBRYW

RBRW

RBRTW 

R
*0, 00, 0:, 0$( 9, 5*$, 5($,
 

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
RBS
5$*E)),(CF

RBRYW

RBRW

RBRTW

R
*0, 00, 0:, 0$( 9, 5*$, 5($,
  

$"50LBLLB5$**:5),($)-*1.+,($02,EF$*5120$(EFE*8,LBLLF

6 !1/!#/75!(1/#6 "# #8!(/ 1 7#/("6 #/ .8#6756 "# =8.1 "# -(.2/
#6301- 6# #/!8#/75/ .<15(75(.#/7# #/75# -16 RBRTW < RBRYW ..1-IE 1 6#
35#!(/ "(%#5#/!(6 #/75#  =8.1 "(5#!71 # (/"8675(-B 3#51 6( #/75# !.306E / -
!.30TRRTJTRRU%8#"1/"#-6!1/!#/75!(1/#6%8#51/.6 +6B 
 #'( %"><<>8><<? ##'(#!%'* #
 $!

SUY 
 

LBKBJMBJJB$1$*

/-%(&85UV6#.8#675/-16:-15#6"#(6(/#/8.1"#(.2/#6301-"##67##678"(1

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
RBU
$1$*E)),(CF

RBTW

RBT

RBSW

RBS

RBRW

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
RBU
$1$*E)),(CF

RBTW

RBT

RBSW

RBS

RBRW 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBLMB$1$**:5),($)-*1.+,($02,EF$*5120$(EFE*8,LBLMF

6!1/!#/75!(1/#6"#(6(/#/=8.1"#-(.2/#6301-61/5#-7(:.#/7# +6
M`RBRT..1-INE/75#-16"167(316"#=8.1"(67(/71/16#35#!(/"(%#5#/!(6B3#516(
#/75#!.306E!.30TRRTJTRRU35#6#/7-6!1/!#/75!(1/#6.6 +6E!$"50
LBLMFB         

#(,#'(!/#( #(#!#'(#!%'* #
 $!5

SUZ 
 

LBKBJMBJK2$,*$*

%(&85UW.8#675-16:-15#6"##7(1/(/#/8.1"#(.2/#6301-"##67##678"(1E

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
3,*$*E)),(CF RBRW

RBRV

RBRU

RBRT

RBRS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,
 

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
RBRW
3,*$*E)),(CF

RBRV

RBRU

RBRT

RBRS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBLNB2$,*$**:5),($)-*1.+,($02,EF$*5120$(EFE*8,LBLNF

6 !1/!#/75!(1/#6 "# #7(1/(/ #67/ 315 "# +1 "# -16 RBRT ..1-IE #
1 6#5: 8/ &5/ "(%#5#/!( #/ - !1/!#/75!(2/ "# #7(1/(/ #/ - !.30 TRRVJ
TRRW<-61756"16!.306"##67##678"(1B

##(#(,#'(!/#(#'(#!%'* #
 $!5

SU[ 
 

LBKBJMBJL0,($*

 165#68-7"16"#-!1/!#/75!(2/"#51-(/6#35#6#/7/#/-$"50LBLOE

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
Z
Y
0,($*E)),(CF

X
W
V
U
T
S  
R
*0, 00, 0:, 0$( 9, 5*$, 5($,
 

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
Z
Y
0,($*E)),(CF

X
W
V
U
T
S
R
*0, 00, 0:, 0$( 9, 5*$, 5($,
  

$"50LBLOB0,($**:5),($)-*1.+,($02,EF$*5120$(EFE*8,LBLOF

 51-(/ #6 1751 "# -16 .(/1!("16 (.3157/7#6 #/ #- =8.1 "# -(.2/E #
1 78:(#51/!1/!#/75!(1/#6#/75#SJW..1-I!1.16#1 6#5:#/-%(&85UEUX</1
'<"(%#5#/!(6#/75#-16"(67(/716=8.163#516(#/75#!.306E6!1/!#/75!(1/#6
.6-766##/!1/7551/#/-!.30TRRVJTRRWE

##(#(,#'(!/#((#!#'(#!%'* #
 $!5

SVR 
 

LBKBJMBJM0$*

/-%(&85UEUY:#.16-16:-15#6"##5(/#/-6.8#6756"#8.1"#(.2/"#-#678"(1E

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
U
0$*E)),(CF

TBW

T

SBW

S

RBW

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
U
0$*E)),(CF

TBW

T

SBW

S

RBW 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBLPB0$**:5),($)-*1.+,($02,EF$*5120$(EFE*8,LBLPF

#5(/#68/.(/1!("1(.3157/7##/=8.1"#-(.2/#6301-B#;(67#8/&5/
16!(-!(2/"#5#68-7"16#/.8#67561 7#/("6"#8/.(6.1.#6E1'<"(%#5#/!(6
!-56#/75##-=8.1"(5#!71#(/"8675(-<'<"(%#5#/!(6!-56#/75#-6!.306E

#'(!/#( ##'(#!%'* #


 $!5

SVS 
 

LBKBJMBJNB$0,1$*

16 :-15#6 "# (516(/ /-(="16 #/ -6 .8#6756 "# #67# #678"(1 38#"#/ :#56# #/ - %(&85
UEUZE

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
RBRX
$0,1$*E)),(CF

RBRW

RBRV

RBRU

RBRT

RBRS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
RBRX
$0,1$*E)),(CF

RBRW

RBRV

RBRU

RBRT

RBRS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBLQB$0,1$**:5),($)-*1.+,($02,EF$*5120$(EFE*8,LBLQF

 16#1 6#5:/"(%#5#/!(6#/75##-=8.1"#-(.2/"(5#!71#(/"8675(-3#516)
"#67!-16 +16:-15#6"#-!.30TRRUJTRRV!1.35"!1/-TRRVJTRRWE
 ##(#(,#'(!/#((#!#'#!%'* #
 $!5

SVT 
 

LBKBJMBJO0,*$*

-15#6 "# 5#1/(/ /-(="16 #/ #- 8.1 "# (.2/ #6301- "# -6 .8#6756 "#
#67##678"(1B"#38#"#/:#5#/-!$"50LBLRB

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
RBU
0,*$*E)),(CF

RBTW

RBT

RBSW

RBS

RBRW 
R
*0, 00, 0:, 0$( 9, 5*$, 5($,


TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
RBU
0,*$*E)),(CF

RBTW

RBT

RBSW

RBS

RBRW

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBLRB0,*$**:5),($)-*1.+,($02,EF$*5120$(EFE*8,LBLRFB

6!1/!#/75!(1/#6"#5#1/(/#/=8.16"#-(.2/#6301-61/5#-7(:.#/7#
+6E/-16"716/-(="16/16#1 6#5:/"(%#5#/!(6#/75#-16"167(316"#=8.16
#678"("16E16:-15#6.6 +166#"(#51/#/-6!.306TRRTJTRRUE
 ##(#(,#'(!/#((#!#'(#!%'* #
 $!5


SVU 
 

LBKBJMBJPB($*

16:-15#6/-(="16"#-(/#/8.1"#(.2/"#-#678"(16#:#/#/%(&85UEVRE

TRRTJTRRU
5),$02,
TRRUJTRRV
TRRVJTRRW
RBW
($*E)),(CF

RBV

RBU

RBT

RBS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,

TRRTJTRRU
5),$*5120$(
TRRUJTRRV
TRRVJTRRW
RBW
($*E)),(CF

RBV

RBU

RBT

RBS

R
*0, 00, 0:, 0$( 9, 5*$, 5($,


$"50LBMIB($**:5),($)-*$02,EF$*5120$(EFE*8,LBMIF

6 !1/!#/75!(1/#6 "# -(/ #/ .8#6756 "# =8.1 "# -(.2/ #6301- 61/
5#-7(:.#/7# +6 MRJREU ..1-INE 1 6# :#/ "(%#5#/!(6 #/75# #- =8.1 "# -(.2/
"(5#!71 # (/"8675(- < 6# 1 6#5:/ :-15#6 .6 #-#:"16 #/ - !.30 TRRUJTRRV
E$"50LBMIFB

 ##(#(,#'(!/#((#!#'(#!#(%'* #
 $!

SVV 
 

$151$-*015(2,1(,17(,01)$*,$,1*5),$)-*1.+,(B

1.16#1 6#5:#/-6%(&856/7#5(15#6B#-!("16357(!1#6#-.(/1!("1
"#.<15!1/!#/75!(2/#/#-=8.1"#-(.2/#6301-E6"(%#5#/!(6#/75##-=8.1"#
-(.2/ "(5#!71 # (/"8675(- 61/ .)/(.6B ! # "#67!5 - .<15 !1/!#/75!(2/ #/ -
!.30TRRVJTRRW#6!1.35!(2/-5#671<-&5/5#&5#6(2/-(/#-48#6(&8#/-16
:-15#6-1-5&1"#.#6#6<016E

 1.(6.11!855#!1/17516.(/1!("1635(/!(3-#6!1.151-(/B!E
-87.(!1
< 6355&(/B #/ -16 48# '< 8/ &5/ "(%#5#/!( #/75# - !.30 TRRVJTRRW < -6
1756 "16E !855# -1 .(6.1 #/  .(/1!("16 6#!8/"5(16B 315 -1 48# --#&.16  -
!1/!-86(2/ "# 48# #- !1/7#/("1 "# .(/1!("16 #/ - !.30 TRRVJTRRW #6 .8<
683#5(15 - "#- 5#671B /1 35#6#/7/"16# &5/"#6 :5(!(1/#6 #/75# =8.1 "(5#!71 #
(/"8675(-E

-=8.16301-#6#-48#35#6#/78/.<15!1/7#/("1#/!("16357(!1<#-
.6 31 5# #/ 51-(/E - =8.1 7-(/1 #6 #- .6 31 5# #/ &#/#5- #/ .(/1!("16
717-#6<#-=8.1.#5(!/1#6#-.65(!1#/51-(/M
(!1.1#7-EBS[YVNE



SVW 
 

LBKBJNB*($1$112%12$,

.165#-(=58//-(6(6"#"716!1/-%(/-("""#:#5-6#.#+/=#/75#. 6
8/(""#6351"8!7(:6M8.13-/7<8.1 /"8675(-NB<"#/751"#!"!.3035:#56(6#
351"8!#/:5(!(1/#66(&/(%(!7(:61/1E

LBKBJNBJB,).0$-**205*$1.0,5$-*

/-(=/"1#-&-1 -"#-6!1.35!(1/#6#/75#!"8/("""#351"8!!(2/M"(5#!71#
(/"8675(-N 35 !" 01 ""1 MTRRUB TRRVB TRRWN 6# 38#"# "#67!5 48# #/ &#/#5- /1 '<
"(%#5#/!(6(.3157/7#635/(/&9/01#/75#!"8/("""#351"8!!(2/E67135#!#(/"(!5
48#-#;75!!(2/"#=8.1"#-(.2/#/3-/73(-1711%5#!#"7165#351"8!( -#6<#48(35 -#6
48#--161 7#/("16#/-(/"8675(E/"#%(/(7(:B48#-3-/7#65#35#6#/77(:"#-351!#61
351"8!7(:1"#=8.1"#-(.2/E

 B 8/48# #/ &#/#5- /1 '< "(%#5#/!(6 #/75# 3-/7 # (/"8675(B 6# "/ -&8/6 .6
35#-01TRRU48#35-160166(&8(#/7#6M:#5/#;1;-63-6 /"NE

LBKBJNBK,).0$-*.05*$.0,5$-*(,(0",(,1+,1

(%#5#/!(6/8-#6!8/"16#351"8!##/3-/7D/&#/#5-/1'<&5/"#6"(%#5#/!(6
(/7#5/8-#6E1/"#.66#35#!(#6#/#-01TRRW<61 5#71"135-6#5(#.(/1!)"(!B
< 48# 6# #/!1/7551/ .<15#6 !/7(""#6 "# .(/1!("16 35 #67# 01 TRRW 48# 35 #-
5#671 "# 016 MTRRU < TRRVN "1/"# -16 !1/7#/("16 %8#51/B #/ &#/#5-B .8< 6(.(-5E #/15#6
"(%#5#/!(66##/!1/7551/35#-5#671"#35.#7516#678"("16E
(%#5#/!(6/8-#6!8/"16#351"8!##/(/"8675(D/&#/#5-'<&5/"#6"(%#5#/!(6
(/7#5/8-#6B61 5#71"135-16!("1615&/(!16<-16.(/1!("16E5#671635.#7516B
:#!#6 TRRV <  :#!#6 TRRWB 6# "/ :-15#6 683#5(15#6  TRRU 48# !6( 6(#.35# 35#6#/7
.#/15#6:-15#6"#!("1615&/(!16<.(/1!("1648#-1617516"16016M:#5/#;1 

 !"#.6"#-!1-8./-"#5#!'"#-MNNE
/75# -16 35.#7516 /-(="16 48# .6 !. (/ /8-.#/7# 35 -16 "16 6(67#.6
351"8!7(:16! #"#67!5-16!("1615&/(!16<B61 5#71"1B-16.(/1!("16E1635.#7516
!-6(!16"#!-("""#=8.166#./7(#/#/35!7(!.#/7#(/:5( -#6-1-5&1"#-16016B6)
!1.1#-!1/7#/("1#/=9!5#6(/"(:("8-#6B3#!7(/61-8 -#<'#63#5("(/E16!7(1/#6:5)/
-(&#5.#/7#E
SVX 
 

1"16 #6716 "716 #67/ '#!'16 !1/ -6 .#"(6 /8-#6E # ') 48# -6 "#6:(!(1/#6
#67/"5 #/ -&8/16 !616 6#/ .8< &5/"#6 < 3#6#  48# -6 .#"(6 35#!#/ "(67(/76 -16
"716#67")67(!16(/"(!/48#61/(&8-#638#67148#'<7-:5(!(2/(/75J/8-48#-6(/7#5J
/8-#6/161/!1/78/"#/7#6E#'5#-!(1/"1"##67%15.B<48#/8#67511 +#7(:1#6#-
#678"(1 /8-B < -16 "716 .#/68-#6 6# 5#35#6#/75/ .6 "#-/7# #/ #- #678"(1 "#
!5!7#5(=!(2/"#-(.2/B357#/#5"716.65#35#6#/77(:16"#71"-!.30E
LBKBJNBL*($1$1,).,**210$*$.(1EF
- /-(6(6 "# 1.31/#/7#6 5(/!(3-#6 #6 8/ '#55.(#/7 #67")67(! 48# #/ 6# 
71"6-6:5( -#6<-:5( (-("""#!".8#675B35!":5( -# 86!5#"8!(5J&-87(/5
-16"716#/ 6#-6(.(-(78"48##671635#6#/7/3571"6-6:5( -#6!1/6("#5"6E

$"50LBMJB.01*2$-*(70$$($(1,1,).,**21J9K

/-$"50LBMJB6#38#"#:#5!1.16#"(675( 8<#/-16"716"#638$6"#:#5-6
"(%#5#/!(6 1 6(.(-(78"#6 48# '< #/75# 71"16 #--16E 67# &5%(!1 (/"(! !2.1 6#
"(675( 8<#/-6.8#6756#/"16!1.31/#/7#635(/!(3-#6MN48#5#35#6#/7/#-VR^
"#- 717- "# - :5( (-("" #;(67#/7#E # $- 6# "#"8!# 48# -6 .8#6756 6# &583/
35(/!(3-.#/7#315016</1315.1"#-1351"8!7(:1E6716(&/(%(!48##6#-01</1-
8/("" "# 351"8!!(2/ - 48#B #/ 68 !61B " :5( (-("" - =8.1E 671 6# 75"8!# #/
8/ :5( (-("" G/8-HE " 01 #- =8.1 :5) < -1 '!# 6(/ /(/&8/ 7#/"#/!(

SVY 
 

"#%(/("B  35(15(E 6 "#-/7# #678"(5#.16 6( -16 !. (16 #/ 35#!(3(7!(2/ <
7#.3#5785351"8!("16"85/7#016"(%#5#/7#6(/%-8<#/E

 "011!"38/71#67"#%(/("13158/!5!7#5)67(!E15#+#.3-1B38#"#
48#-16"716"#-TRRU#67$/5#%#5#/!("1635(/!(3-.#/7#315=8.16!1/8/.#/15
!/7("""#.(/1!("16<"#!("16.-(!1#(61!)75(!1M"7161 7#/("16"#-16:-15#6
316(7(:1648#35#676:5( -#66#1 7(#/#/35-S<-TK<48#6#38#"#:#5
#/ - 7 - "#  +1NE / 71"6 6# ' -/ "# .<15 1 .#/15 !/7("" "# !(#5716
.(/1!("16<!("16E/&#/#5-6#5#68.#-1<:/="1#/-16/7#5(15#6D
/1 '< .8!'6 "(%#5#/!(6 #/75# -/7 M"(5#!71N # /"8675( 3#51 6) #/75# 016 35
. 6G8/(""#6351"8!7(:6HE/-66(&8(#/7#67 -6M(1LBL9LBMN6#.8#675/
-165#68-7"16"#-1!1.#/7"1/7#5(15.#/7#E

(LBLB*($1$1,).,**21.0$*$.(1


871:-15#6(/(!(-#6 8."#-66785!(1/#6-!8"5"1"#-517!(2/

1.31/#/7# 17- ^"#-:5(/= ^!8.8-"1 17- ^"#-:5(/= ^!8.8-"1

S [BXSX TYBVYV TYBVYV ZBSXS TUBUSZ TUBUSZ


T ZBSZR TUBUYR WRBZVV WBX[S SXBTXR U[BWYZ
U TBZXT ZBSYZ W[BRTT VBTZZ STBTWS WSBZUR
V TBUZZ XBZTT XWBZVW TBXZU YBXXY W[BV[Y
W SB[ST WBVXT YSBURX TBWUW YBTVV XXBYVS
X SBXXR VBYVU YXBRV[ TBS[W XBTYS YUBRSS
Y SBS[[ UBVTW Y[BVYV SB[XU WBXRY YZBXSZ
Z SBSV[ UBTZV ZTBYWZ SBVV[ VBSU[ ZTBYWZ
[ B[TZ TBXWS ZWBVR[   
SR BYUU TBR[X ZYBWRV   
SS BX[X SB[ZY Z[BV[T   
ST BXRY SBYUV [SBTTX   
SU BV[R SBVRR [TBXTX   
SV BVTX SBTSZ [UBZVV   
SW BUU[ B[XZ [VBZST   
SX BURS BZXS [WBXYT   
SY BTXT BYV[ [XBVTT   
SZ BTVS BX[R [YBSSS   
S[ BTRR BWYS [YBXZT   

SVZ 
 

TR BSYW BWRR [ZBSZT   


TS BSXU BVXX [ZBXV[   
TT BR[Y BTYY [ZB[TX   
TU BRZV BTVS [[BSXY   
TV BRYT BTRV [[BUYS   
TW BRWX BSXR [[BWUS   
TX BRVU BSTV [[BXWW   
TY BRUS BRZ[ [[BYVU   
TZ BRT[ BRZV [[BZTY   
T[ BRTR BRWZ [[BZZW   
UR BRSW BRVT [[B[TY   
US BRSR BRTZ [[B[WV   
UT BRRY BRTR [[B[YW   
UU BRRV BRSU [[B[ZY   
UV BRRV BRSS [[B[[[   
UW BRRR BRRS SRRBRRR   

SV[ 
 

(LBMB20$:,).,**210,2,1

1.31/#/7#

S T U V W X Y Z

51-(/ B[SW BTVY JBSUZ JBRUS JBRSV BRUV JBRWW BRUR



-87.(/ B[RZ BRSS JBTUV BSTZ JBRXT JBRZR BRWZ BR[W
(516(/ BZ[R BSWU JBTWS JBR[W JBR[R JBSUR BSU[ BRRX
635&(/ BZWW BSTT BRXW JBRYW JBRWU BTRV JBTTX JBSSY
#7(1/(/ BYXS BRTR JBURT JBRX[ JBS[T JBSXZ BSXY BTWT
!L 61!5)7(!1 BYUY BTZZ BUWR JBSTU BRZX BRXR JBRUR BSUZ

-87.(!1 BYUW BWVX BRTU JBSUR JBRR[ JBRST JBSWT JBSRV
(67("(/ BYTU JBUSW JBTWV JBSYX JBTTU JBTTZ JBRWY JBR[U
!L-(!1 BX[X BSTR BRUR JBURY BRRU JBSXZ BSWR BRSX
6357(!1 BXZW BVZZ BSRR JBRTU BRYZ BSRV JBT[R JBSZU
5&(/(/ BTXR BZSX BSYY BTSV BRRY JBSSU BRVS BTSR
#8!(/ BSUW BZSW BSUT JBSWV BSUV JBSX[ JBRVV BSU[
#5(/ BT[W BYXZ JBRSZ JBRTR BRRX BT[Z JBRXZ JBTYW
61-#8!(/ BSST BYWS BUSZ JBTST BTWR JBRYX JBSSU BSWR
#/(--/(/ BVYS BYRR BTVW BSS[ BRUT JBSSZ BSX[ BSR[
-/(/ JBUZT BXTZ BU[U BSRS JBRV[ BSUX JBRYW JBT[R
  JBTVS JBV[V JBRYS BRYS JBUTZ JBTXS BU[T JBRTS

-(!(/ JBTU[ BTS[ BZWZ BRZZ BSUS JBRSU JBRYY JBRZU
(6(/ BSZR BVVV BYTZ BRVU BTVX JBRUT JBTXW BSWV
-(/ JBUW[ BVWX BXZX BRYW BSU[ JBRZU JBSWX BTSV
!L6!25  JBUYZ BTWZ BWYR BTVZ BTRW BUZY BRSW BSUU
5#1/(/ BWRY BWTV BWTW BSZY BRYX JBSZY JBRWX BRWX

-8!16 JBRYR JBSRV BSVZ B[SW JBRU[ BRVS JBRSZ JBRZV
58!716 JBSWU JBRYX BTZS BZYZ BRWV JBRUX BSXR JBRT[
#63#5("(/ JBSSV BTRS JBUWW BXU[ BRTY BRWU JBSTZ BSTU
-!(1 JBTVT BSSZ BUVV BR[Z BZTS JBRRU BS[Y BRY[
1"(1 JBTS[ BTTS BUWW BSSU BYZV JBRR[ BRVW BSSU
!516 JBSRS BRRX BU[T BUTW JBXZS BUUU JBSSY BRRV
5(; BRRU JBRWS JBRWV JBRUX BRRT BZUZ BRRU JBRUV
!("#= JBURS BRRT BURT BTXW JBSYT BW[Z JBSYT BTYS
176(1 JBRUV JBSYV JBVUU BRRT JBURS BWXU BVSU BRUT
L 15.1- BR[X BSZT JBUSZ BRTR BSRW JBRVY BYXW BRWS
#!7(/L61- JBRXY JBUUS BRXU JBRS[ BTRZ BRXY BYRY JBRZR
#/(=6 BWSY BRWU JBRRV BRSY BU[T BRTR BRWW BYRR
!L)7(!1 JBTYY BU[T BUYT JBSTW BRRR BTYY JBSWZ BWXV

$71"1 "# #;75!!(2/D /-(6(6 "# !1.31/#/7#6 35(/!(3-#6E  $71"1 "# 517!(2/D 15.-(=!(2/ 5(.; !1/
(6#5

SWR 
 

$151$-*015(2,1

LBKBJOBJB ,).0$-*,*7(,01 
61!(!(2/"#- /"8675(#8513#"#8.16<$!75#6M N7(#/##"(7"6
-6
8)6"##%#5#/!(35"(%#5#/7#68.16E68."##676
8)6%15.#-2"(&1
"#5!7(!6M1NB35-#:-8!(2/"#-!-(""<87#/7(!("""#=8.16</$!75#6J
6 #- "1!8.#/71 "# 5#%#5#/!( (/7#5/!(1/- 35 - !1.#5!(-(=!(2/ "# 8.16 <
$!75#6#/-E/TRSW6#38 -(!2-5#:(6(2/"#-
8)"#8.1"#(.2/E
- 1 +#7(:1 "# #67# 75 +1 #6 !1/75( 8(5 - !1/1!(.(#/71 "# -6 !5!7#5)67(!6
48).(!6"#=8.16"#-(.2/#6301-B"#-6:5(#""#6.<15(75(6G (/1<#5/HE
#&9/ -6 "(5#!75(!#6 #67 -#!("6 315  B 6( #;(67#/ "(%#5#/!(6B #/ 8/ 8.1B
!1/ -16  35.#7516 #67 -#!("16 #/ - !78-
8) "# #%#5#/!(B 38#"/ 5#-(=56#
#678"(163568.1"(%(!!(2/B6(351!#"#E676"(5#!75(!#66#.8#675/#/-(LBND







SWS 
 

(LBNB/50$)$*2,1)%*$),1.0(),$!$$-*(1"5%10!0*$E F


REQUERIMIENTOS NORMA A CUMPLIR


1. Requerimientos para realizar una J Mínimo 50 análisis por campaña para cada
nueva guía parámetro de las categorías A y B
J Mínimo 3 campañas
J Cubrir las principales zonas productoras

2. Requerimientos para cambiar valores J Mínimo 25 análisis por campaña para cada
mínimo y máximo y/o rangos parámetro
J Mínimo 3 campañas
J Cubrir las principales zonas productoras

3. Requerimientos para cambiar notas o Con el fin de cambiar las notas de comentarios
comentarios relacionados con desviaciones para una zona geográfica
específica o de una condición climática específica,
tienen que ser suministrados siguientes datos:

4. Mínimo 25 análisis por campaña para cada


parámetro
5. Mínimo 3 campañas

/#67##678"(16#'5#-(="1#-/-(6(6"#[T.8#6756B"# U!.306MTZB
UTB UTN < --#:/"1  ! 1 5$3-(!6 "# !" 8/1 "# -16 /-(6(6E 16 5#68-7"16 6# '/
"(:("("1 #/ "16 6#!!(1/#6 35 .16755-16 "# (&8- %15.71 48# #- #67 -#!("1 315 -
&8) "#  E / -   6# .16755/ -16 5#68-7"16 "# -16 35.#7516 48#
!5!7#5(=/-165#48#5(.(#/716 61-8716"#!-(""<#/--165#68-7"16"#
-16 !5(7#5(16 .6 5#-#:/7#6 #:-8"15#6 "# - 87#/7(!("" < !5!7#5(=!(2/ "# -16
=8.16"#-(.2/#6301-#6E

UETESXETE $-*A/50$)$*2,1($*:5),($)-*
16 5#68-7"16 5#-!(1/"16 !1/ - !1.316(!(2/B '(&(#/# < -16 5#48#5(.(#/716
(/"8675(-#6"#-16=8.16"#-(.2/"(5#!71#(/"8675(-6#.8#675/#/-6(LBO9

SWT 
 

LBPE/#6767 -66#38#"#1 6#5:5#-:-15.#"(1<68"#6:(!(2/"#-6.8#6756


#678"("6"85/7#-6U!.306B#-5/&1"#:5(!(2/"#/751"#-!8-6##/!8#/75/
-16"7165#!13(-"16B-16:-15#6"#-
358.1"#(.2/"# <#-315!#/7+#
"# :-15#6 48# 6# #/!8#/75/ %8#5 "# #67# 5/&1 "# :5(!(2/B 7/71 315 "# +1 "#-
:-15.)/(.1M.N!1.1315#/!(."#-:-15.;(.1MNE



SWU 
 

(LBOB/50$)$*2,1($*:5),($)-*$02,

JB/50$)$*2,1$*5120$(1

(,01 5% (,01


*",
 *$1 $V !50
70$$-*
  0*",EUF
     ) 

*1$0(2$7KICKI J SERUSWWbRERS SERRSUJSERXST (/ESERTYY TUEWU JJJ

-($,11,(5(1 >5(; YEZbSER WJSREW (/EY ZEY[ JJJJ

KB/50$)$*2,1#$"$ *$,1

$: 7,(2$( E$,


&I RESbRERS RJREV ;EREV  
 2$,F

2*,( &I   ;EUER  

C$,(2$, &I   ;ERET  

LB/50$)$*2,1)$*2(1

  

01 *$,E1F .&I `RERRW  ;ERES  

(,),EF .&I `RERS  ;ERERW  

050$,E
"F .&I `RERS  ;ERERS  

)$,EF .&I `RERS  ;ERERW  

MB/50$)$*2,1,).,1$$-*

$,D1-0$, .&I VRZESbSRZEY SWVETJXXYER (/ESWR  

ND
$0,8$)2$(!50!50( END
.&I REWVbRERT RKW ;ETR  

F
B"#6:(!(2/#67/"5CB/1"#7#!7"1C.B.)/(.1CB.;(.1

(LBPB/50$)$*2,1($*:5),($)-*$*5120$(

JB/50$)$*2,1$*5120$(1

SWV 
 

(,01 5% (,01


*",
 *$1 $V !50
70$$-*
  0*",EUF

     ) 

*1$0(2$7KICKI J SESTTTbRESR SERSYYJSEUZTS SERUSZ UREYY JJJJ

-($,11,(5(1 >5(; ZbSER  Z JJJJ JJJJ

KB/50$)$*2,1#$"$* *$,1

$: 7,(2$( E$,


&I RESbRERS RJREV ;EREV JJJJ JJJJJ
 2$,F

2*,( &I   ;EUER  

C$,(2$, &I   ;ERET  

LB/50$)$*2,1)$*2(1

  

01 *$,E1F .&I `RERRW  ;ERES  

(,),EF .&I `RERS  ;ERERW  

050$,E
"F .&I `RERS  ;ERERS  

)$,EF .&I `RERS  ;ERERW  

MB/50$)$*2,1,).,1$$-*

$,D1-0$, .&I VRUEXbSSVER SYWESJYYVEY (/ESWR  

ND
$0,8$)2$(!50!50(
.&I REYSbRERW RJX ;ETR  
END
F
B"#6:(!(2/#67/"5CB/1"#7#!7"1C.B.)/(.1CB.;(.1

# !8#5"1 !1/ -16 5#68-7"16 .1675"16B - *1$ 0(2$7 "# -16 =8.16 "#
-(.2/"(5#!71:5)#/75#SERRSU<SERXS<#/#-!61"#-=8.1"#-(.2/(/"8675(-B#6716
:-15#6 61/ SERSYY J SEUZTSE #&9/ - &8) "#   TRST 35 #- =8.1 "# -(.2/B -16
:-15#6.)/(.16!#37 -#661/SERTYY<SERUSZ#/=8.1"#-(.2/"(5#!71#(/"8675(-
5#63#!7(:.#/7#E - TUBW^ "# -16 5#68-7"16 1 7#/("16 #/ -16 =8.16 "(5#!71 61/ .6
+1648#-
E

SWW 
 

161-($,11,(5(12,2(1"#-16=8.16"#-(.2/"(5#!716:5(51/"#WSREW
>5(;<61-1#-WBZ^"#-16:-15#635#6#/751/:-15#6.6 +1648#-
E
1/=-#=J
1-(/B #7 -EB TRR[B #/!1/7551/ 48# -16 =8.16 "# -(.2/ O#5/O 35#6#/751/ 8/
!1/!#/75!(2/"#62-("1661-8 -#6717-#6"##/75#XJYBW>5(;<#/-:5(#""O (/1O
#/75#ZET<[EW>5(;M
5!)J/!'#=#7-EBTRRUNE"#.6B#/#-#678"(1"#5)/#7-EB
TRRTB-1662-("1661-8 -#6717-#6%8#51/"#-5#"#"15"#XEW[ET>5(;E165#68-7"16
1 7#/("16#/!8-48(#5"##6716#678"(16<#/#-35#6#/7#.8#675/48#-16-(.1/#6
#6301-#6 7(#/#/ :-15#6 683#5(15#6 "# 62-("16 61-8 -#6 717-#6   -16 35138#6716 315
 MTRSWNE
- $,  2$,B 2*,( < $, (2$, /1 #67/ 35#6#/7#6 #/ -6 %5876 6/6C
61/ (/"(!"15#6 "# !1/7.(/!(2/ 315 .(!5115&/(6.16 !1.1 -#:"856B !7#5(6
!$7(!6< !7#5(6-!7(!6E"#7#!!(2/"##6716!1.38#6716 +6!1/!#/75!(1/#6
38#"#/ 6#5 (/"(!"15#6 "# 8/ 8#/ !-("" "# -16 -(.1/#6 "# 357(" 6) !1.1 "#
8#/635!7(!6"#351!#6"1E
#67!57. ($/-(.3157/!("#-$,D1-0$,48##6735#6#/7##/8/
!1/!#/75!(2/ .#"( "# VRZBS < VRUBX .& I - #/ -16 =8.16 "(5#!716 # (/"8675(-#6B
5#63#!7(:.#/7#E67165#68-7"1661/.6-716-161 7#/("1635"(%#5#/7#68715#6
#/=8.16"#-(.2/#6301-#6M
1/=-#=J1-(/#7-EBTRRZBTRR[BTRR[ C5)/#7-EB
TRRTN<-(.1/#6!'(/16M8#7-EBTRRZNE-!1/7#/("1#/J6!25 (!138#"#35#6#/75
:5(!(1/#6"#3#/"(#/"1"#-6!1/"(!(1/#6"#!8-7(:1B:5(#""B."85#=B351!#6"1<
-.!#/.(#/71E #&9/   MTRSWNB #- !1/7#/("1 "# J6!25 (!1 /785- #/ =8.1 "#
-(.2/"(5#!71B!1.15#&-&#/#5-B"# #6#5683#5(15SWR.&I-E

16 )2(1 .1,1 35#6#/7#6 #/ -16 %#57(-(=/7#6 < -16 68#-16 !1/7.(/"16
38#"#/ 75/6.(7(56#  -6 %5876 < #/ !1/6#!8#/!(B 365  -16 351"8!716 <
68 351"8!716 "# -6 .(6.6 "85/7# #- 351!#6"1E +#.3-16 "# .#7-#6 3#6"16
3#5+8"(!(-#6 48# !86/ &5:#6 #%#!716 #/ - 6-8" "# -16 6#5#6 '8./16 61/ #-
56$/(!1B3-1.1B.#5!85(1B!".(1<!51.1E16/-(6(6"#.#7-#63#6"165#-(="16
315 #63#!751.#75) "#  615!(2/ 72.(! 5#-(="16 #/ -16 =8.16 "# -(.2/ "# #67#
75 +1(/"(!51/48#6##/!1/75 /315"# +1"#--).(7#"#"#7#!!(2/<3157/71B-16
:-15#661/!#37 -#6E

SWX 
 

(,(,0#68/!5!7#5)67(!(.3157/7#"#-8.1E-35"#.(#/71351"8!("1
"85/7##-351!#6"1#68/"#6:#/7+#/-!-("""#-16=8.16E8/"1-5#!!(2/
"#(--5"7(#/#-8&5#/75#!1.38#6716.(/1<!5 1/(-16#351"8!#-%15.!(2/"#
ND#$0,8$)2$(!50!50(M  N<17516351"8!71648#!86/#-"#6551--1(/"#6# -#"#
!1-15.552/M1=,857BS[[[NE  #6735!7(!.#/7#86#/7##/=8.16%5#6!16<6(/
7575B68!1/!#/75!(2/8.#/7!1.15#68-7"1"#-16351!#616"#!-#/7.(#/711
-.!#/.(#/71-5&13-=1E  6#38#"#87(-(=5!1.18/)/"(!#"#-%5#6!85<-
!-("""#-16=8.16M(/BTRRYC5#/#7-EBTRRSC67#:##7-EBTRRWNE/71"6-6
.8#6756"#=8.16"#-(.2//-(="16#/#67#75 +1B-!1/!#/75!(2/"#WJ  %8#
(/%#5(15TR.&IE35#6#/!(-(.(7""#WJ  M"#6"#RBWV'67RBYS.&IN#67
"# !8#5"1 !1/ - %-7 "# 757.(#/71 7$5.(!1 "# -16 =8.16  < - !1/6#5:!(2/
"#!8""#-6.8#6756!1.16#!1/%(5.315#--71!1/7#/("1"#!("1J6!25 (!1
M85"85-8#7-EBTRRXNE
LBKBJNBMBKB$-*A0$20$,1.0(52*2$!$$-*9020$:$-*(,1:5),1
($)-*
16 5#68-7"16 "# -16 /-(6(6 48).(!16 "# -16 =8.16 "# -(.2/ "(5#!71 # (/"8675(- 6#
.8#675/#/-6(1LBQ9LBRB


SWY 
 

(LBQB0)20,1($.0(7(5$-*(52*2$!$$-*9020$:$-*
:5),1($)-*$02,

*", (,01 (,01!50


0)20, *$1 $V
70$$-* 5%  0*",EUF

     ) 

$:7(,0(.
QBJ &I WTEVbXE[ UWESJXWEX VVEZJXTER SWEUZ ZEY[

$,%20$, &I WUEZb[ER UWESJZVET VWERJXUER S[EYZ SZEXZ

$,D 1,%20$, .&I TXZE[bYUEZ SSVERJVWWEY TURJWRR UWESX JJJ

%20$,C 1,%20$,02$, J TSVEZbXZEU SSYERJVXXEV ;ETRR / V[EVW

$,D)($, &I SEZbRE[ SERJVEV SJYEW JJJ JJJ

$,D)($, .&I     

*$:1 &I TEXbREX SETKW TETJVEU SYEWZ SESR

,$,EF .&I TUESbTRES UJ[ZEV ;EUR JJJ TWETY

,21$,EF .&I STXVETbTXYEZ XYUEXJS[WUEZ SSRRJTRRR TWETY JJJ

"*1$,E"F .&I [TEXbTREV UYEWJSUXEY YRJSTR SXEVZ XEW[

($,EF .&I SSTERbVUEZ VXEZJTYZEV VWJSXR JJJ SRE[[

-1!,0,2,2(EF .&I URXERbYUEY SZTEYJX[VEY ZRJSWR STER[ VEVR

5(!2,1EMF .&I TYEVYb[EZ[ SRKWX ;ESRR JJJ JJJJ

(7,*,$1D
1.0$$* .&I UXVEZZbXYETX TWYJVZVEZT ;ESWRR JJJ JJJ

2$*1,(5(*"5 .&I UTVEUVb[VE[W SXVEZJWWR ;EYRR JJJ JJJ

(5,1 &I YE[bTES UJSWEY UJST JJJ UEUR

052,1 &I YEUbSEZ UEVJSUEX UJSS JJJ UEUR

(5,1C052,1 J SESbRET REXJSEX RE[WJSEU VUEYW USETW

0,1 &I VEWbTET SKSW ;EYER  SUES[

B"#6:(!(2/#67/"5CB/1"#7#!7"1C.B.)/(.1CB.;(.1

SWZ 
 

(LBRB0)20,1($.0(7(5$-*(52*2$!$$-*9020$:$-*
:5),1($)-*$*5120$(

0,.512
*", (,01!50
 *$1 $V
70$$-* 0*",EUF
 

     ) 

$:7(,0(.
QBJ &I WTEVbXEX UZEVJYZES VVEZJXTER SUES[ WEV[

$,%20$, &I WUEVbSREZ UVETJXYEV VWJXUER STER[ VEVR

$,D 1,%20$, .&I TWZEYbXXEX SUZESJU[XEV TURJWRR VTEZX JJJ

%20$,C 1,%20$,02$, J TSYEZbXUES STWETJUXTET ;ETRR JJJ WSEXW

$,D)($, &I SEZbSER REWJWER SJYEW SRE[[ JJJ

$,D)($, .&I     

*$:1 &I UERbREW SEVJUE[ TETJVEU XEW[ JJJ

,$,EF .&I WSEXbWVEV XEZJTTREV ;EUR JJJ VXESW

U[ZEWJ SSRR J
,21$,EF .&I SUSUEXbTVXES SRE[[ TETR
TRXYEX TRRR

"*1$,E"F .&I SRWEWbURE[ WYERJS[ZEZ YRJSTR SRE[[ SZEXZ

($,EF .&I SXYE[bSR[EX WXEVJVZ[EZ VWJSXR JJJ UTE[Y

-1!,0,2,2(EF .&I USTEYbXWET SXVEZJXRXEV ZRJSWR SRE[[ TETR

5(!2,1EMF .&I UYEYUbSUEZZ TUESXJXYEVR ;ESRR  

(7,*,$1D
1.0$$* .&I UXYERUb[SEWY TUZE[JWWRE[ ;ESWRR  

2$*1,(5(*"5 .&I T[UETRbYYEYW SWTEVJVRWEX ;EYRR  

(5,1 &I ZESbTER SERJSWEW UJST SESR VEVR

052,1 &I YEWbSEU UJSU UJSS JJJ TETR

(5,1C052,1 J SESbRES REZJSEU RE[WJSEU SZEYW JJJ

0,1 &I UEVbSEX REWJSREW ;EYER JJJ TETR

B"#6:(!(2/#67/"5CB/1"#7#!7"1C.B.)/(.1CB.;(.1

- 3#5%(- "# $,1 ,0"*$,1 "# 8/ =8.1 #6 8/ (.3157/7# %8#/7# "#
(/%15.!(2/61 5#-6!5!7#5)67(!66#/615(-#6"#-16.(6.16B38#67148#!"!("1
1715&8/63513(#""#615&/1-$37(!6"(67(/76-351"8!71E

SW[ 
 

# !8#5"1 !1/ -16 5#68-7"16 1 7#/("16B - $: 7(,0( "# -16 =8.16 "#
-(.2/B!-!8-"!1.1!("1!)75(!1/'("513 ZESB16!(-#/75#UWBSJXWBX&I#/-16
=8.16"(5#!716<"#UZBVYZBS&I-16(/"8675(-#6E6716:-15#661/6(.(-5#6-16
1 7#/("16 315 "(%#5#/7#6 8715#6 35 -16 -(.1/#6 #6301-#6 < !'(/16
M$5#=J$5#=#7-EBTRRWC8#7-EBTRRZNE
- $, %20$, %8# #- !("1 15&/(!1 35#"1.(//7# #/ 71"6 -6 .8#6756B
:5(/"1"#6"#UWBS'67ZVBT&I<UVBTXYBV&I#/=8.16"(5#!716#(/"8675(-#6B
5#63#!7(:.#/7#E-6(&8(#/7#!("1#/!1/75"1#/&5/!/7(""%8##-!("1D)($,B
#/75#RBWJWBR&I#/. 167(316"#=8.1E-!("1D$1,%20$,#67 35#6#/7##/8/
!1/!#/75!(2/"#TXZB[.&I#/#-=8.1"(5#!71<#/TWZEY.&I#/#-(/"8675(-E-
UWBT^ < #- VTB[^ "# 5#68-7"16 1 7#/("16 35 #- !("1 J(61!)75(!1 #/ . 16 =8.16
#5/(/%#5(15#6--).(7#.)/(.135138#671315 MTRSWNE!1/!#/75!(2/"#!("1
!)75(!1 6# !155#-!(1/ !1/ - !1/!#/75!(2/ "# !("1 (61!)75(!1
'67!(#57138/71E
5#-!(2/"#!("1"#$,%20$,C$1,%20$,B315-17/71B38#"#6#587(-(="1
35"#7#!758/!("(%(!!(2/"8-7#55"!1/!("1!)75(!1#;2&#/1E15-1&#/#5-B-
5#-!(2/6##/!8#/75#/75#SRR<TRRB3#51:-15#6"#'67TVR38#"#6#51 6#5:"1
#/-16=8.16"#-(.2/5&#/7(/16M BTRSWNE/#67##678"(1B8/V[BW^<8/WSBY^"#
-65#-!(1/#6"#!("1!)75(!1I!("1(61!)75(!1#/=8.16"(5#!716#(/"8675(-#6%8#51/
.<15#648##--).(7#.;(.1#67 -#!("1#/-&8)"#5#%#5#/!(E"#.6B-16:-15#6
315#/!(."#TVR6#1 6#5:51/7/71#/=8.1"#-(.2/"(5#!71M:-15.;(.1DVXXBVN
1(/"8675(-M:-15.;(.1DUXTBTNE
6*$:1B48#5#35#6#/7#-!1/7#/("1.(/#5-717-"#-=8.1%8#"##/75#TBX
< U & I E - .(/#5- 35#"1.(//7# #/ #- =8.1 "# -(.2/ %8# #- .,21$,  !1/ 8/
!1/!#/75!(2/ .#"( "# STXVBT < SUSUBX .& I  #/ =8.1 "(5#!71 # (/"8675(-B
5#63#!7(:.#/7#B 6#&8("16 315 #- !-1!,0,@ ($,@ )"*1$, 9 1,$,E 16 :-15#6 "#
3176(1 #;!#"#/ #- -).(7# 683#5(15 "#- 5/&1 #67 -#!("1 MSSRR J TRRR .& I NB 3#51
31!16=8.166#./7(#/#/315"# +1"#--).(7#(/%#5(15E/#67##678"(18/TWBU^"#
-16 5#68-7"16 1 7#/("16 #/ #- !61 "#- 3176(1 #/ #- =8.1 "# -(.2/ "(5#!71 6#
#/!1/75 / 315 "# +1 "#- :-15 "# 5#%#5#/!( .)/(.1E 16 /(:#-#6 "# 61"(1 < !-!(1
#/!1/75"16 315 #/!(. "# -16 -).(7#6 .;(.16 68386(#51/ #- TWBU^ < #- SS^ "# -6
.8#6756"#=8.1"(5#!71E/#-=8.1(/"8675(-B#-VXBSW^<#-UU^"#-165#68-7"16

SXR 
 

1 7#/("16 35 #- 61"(1 < #- !-!(1 %8#51/ .<15#6  -16 -).(7#6 .;(.16 5#63#!7(:16
#67 -#!("16#/-&8)"#5#%#5#/!(E#&9/ MTRSWNB-16:-15#6"#61"(1683#5(15#6
UR.&I6#38#"#/#/!1/755"#%15.#6315"(!#/=8.16"#-(.2/351!#"#/7#6
"#- 685 "# 630B !1.1 !1/6#!8#/!( "# - %-8!78!(2/ "# -16 /(:#-#6 "# 61"(1 #/ #-
&868 7#55/#E-15#6.8<-716"#'67[ZBV.&I#/=8.1"(5#!71<TTRBV.&I
#/(/"8675(-7. ($/6##/!1/7551/#/75#-6.8#6756/-(="6#/#67##678"(1E
 !1/!#/75!(2/ "# "(5,1@ !052,1 < 10,1E 16 :-15#6 .#"(16 "#
6!516#/=8.1"#-(.2/"(5#!71#(/"8675(-#6 +DVBW<UBV&IB5#63#!7(:.#/7#E
- SUBS[^ "# -16 5#68-7"16 "#- !1/7#/("1 #/ 6!516 #/ #- =8.1 "# -(.2/ "(5#!71
%8#51/683#5(15#6--).(7#.;(.135138#671315 MTRSWNE-!1/7#/("1.#"(1"#
&-8!16%8#6(.(-5#/. 167(316"#=8.1MYB[<ZBS&IN<-1.(6.11!855(2!1/#-
!1/7#/("1.#"(1"#%58!716MYBU<YBW&INE-57(1&-8!16I%58!716:5(2#/75#RBX
<SBX#/#-=8.1"(5#!71<' )&5/"#6"(%#5#/!(6!1/#-5/&1"#:5(!(2/ E6(
- .(7" "# -16 5#68-7"16 MVUBZ^N #67 / 315 "# +1 "#- -).(7# .)/(.1 #67 -#!("1
35 #67# 57(1B .(#/756 48# 8/ USBU^ #67  315 #/!(. "#- :-15 683#5(15 "#
5#%#5#/!(E
151751-"1B%-:/1/661/-!-6#"#%-:1/1("#6"1.(//7##/#-&$/#51"#
!)75(!16E - 3#5%(- %-:/1/ "# -(.1/#6 #67 "1.(/"1 315 '#63#5("(/ < #5(1!(75(/
M#7#561/ #7 -EB TRRXNE  #1.0$$* 6# #/!1/752 #/ 8/ !1/!#/75!(2/ .#"( "#
UXVBZZ<UXYBRU.&I#/-16=8.16"(5#!716#(/"8675(-5#63#!7(:.#/7#E-/(:#-"#
'#63#5("(/ %8# 683#5(15  -16 #/!1/75"16 315 17516 8715#6 35#:(.#/7# M
(51/$6J
(-3-/#7-EBTRSTC
1/=-#=J1-(/#7-EBTRRZBTRR[BTRR[ EC8#7-EBTRRZNE67
"(%#5#/!(7-:#=#6"# ("-.$71"1"##;75!!(2/"#=8.1E/71"16-16#678"(16B-16
=8.16 6# 1 78:(#51/ ./8-.#/7#E  "(%#5#/!(B #/ #67# #678"(1 7/71 -16 8.16
"(5#!716 !1.1 -16 (/"8675(-#6B 6# '/ 1 7#/("1 !1/ #48(316  "# #;75!!(2/ "#
)75(!16E
16 )$*,$,1B 35#6#/7#6 #/ -(.#/716B 61/ (.3157/7#6 35 - /875(!(2/ <
%#!7/-!-("""#-16-(.#/716(/!-8<#/"16 15B51.B<!1-15M(5(.85BS[X[NE
165#68-7"161 7#/("16"#68!8/7(%(!!(2/6#:#/#/-6(1LBJI9LBJJ

SXS 
 

(LBJIB *$!,0),(9,*2*$,*)$*,$,1*:5),1($)-*$02,

(,0 5% (,01!50


 *$1 $V *",70$$-*
  0*",EUF

     ) 

6)0,,0),( . RESISRR. SYEWbVER SRKUU SUJTX ZEZ TETR

      

$,1.02$, ..1-I UEUVbSERW TJWEUX TETXJXERT SW 

0,*$* ..1-I RESUbRERW RERZJRETT RERZJRETW  

0$* ..1-I SEUTbRETW RE[JT SET[JUEWT WW 

1.00"$* ..1-I SEXVbREY[ RE[WJTE[[ RE[[JVEWW W 

$, (52)$, ..1-I SEXWbREWS SERSJTEZ[ SER[JTEYT SR W

(52)$* ..1-I RERXbRER[ RJRETT ;EREUS  

0,($* ..1-I TEUTbSEVW REZXJWETX REZYJXE[X SR 

($$* ..1-I RESTbRERW RERWJRETT RER[JREUU TR 

(*$* ..1-I RE[VbRETX REXSJSEZR RE[RJTE[T UW 

($* ..1-I RESWbRER[ RERXJREUW RERYJREUR SW SR

2$,*$* ..1-I RERSbRERS RJRERU ;ERERU  

1,(5$* ..1-I RERVbRERS RERTJRERX RERTJRERZ  

5$* ..1-I RERWbRERS RERTJRERY RERTJRERZ  

$0,1$* ..1-I RERTbRERT RJRERW ;ERERV  SW

*$((*$* ..1-I RESVbRERZ RERUJRETW RERWJRETV SW SR

$1$* ..1-I RER[bRERW RERUJRETR RERUJRESV  SR

$12$$* ..1-I RERTbRERT RJRERW ;ERERY  

0"$*$* ..1-I RETXbRESU RJREVW ;EREWZ  

B"#6:(!(2/#67/"5CB/1"#7#!7"1C.B.)/(.1CB.;(.1

SXT 
 

(LBJJB *$!,0),(9,*2*$,*)$*,$,1*:5),1($)-*$*5120$(

0,.512
(,01!50
 *$1 $V *",70$$-*
0*",EUF
 

     ) 

. RES
6)0,,0),( S[EUbVES [EVJT[EY SUJTX TETR WEV[
ISRR.

      

$,1.02$, ..1-I UERWbSEVU SESRJWESU TETXJXERT SW 

0,*$* ..1-I RESYbRERX RER[JRET[ RERZJRETW  SR

0$* ..1-I SESSbREUT REWXJSE[T SET[JUEWT ZR 

1.00"$* ..1-I SEWVbREZV REYVJUERZ RE[[JVEWW TR 

$, (52)$, ..1-I SEVUbREXW REVYJTEUY SER[JTEYT UR 

(52)$* ..1-I RER[bRER[ RJRET[ ;EREUS  

0,($* ..1-I TEUYbSETY SESXJVEWW REZYJXE[X VEUW 

($$* ..1-I RESbRERW RERUJRETR RER[JREUU WR 

(*$* ..1-I REZUbRETU REVWJSETR RE[RJTE[T WW 

($* ..1-I RESUbRERZ RERVJREUR RERYJREUR TW 

2$,*$* ..1-I RERSbRERS RJRERU ;ERERU  

1,(5$* ..1-I RERVbRERT RERSJRERY RERTJRERZ SR 

5$* ..1-I RERVbRERT RERSJRERY RERTJRERZ SW 

$0,1$* ..1-I RERTbRERT RJRERW ;ERERV  TR

*$((*$* ..1-I RESUbRERY RERVJRETY RERWJRETV SR SW

$1$* ..1-I RER[bRERW RERTJRETR RERUJRESV SR SW


$12$$* ..1-I RERTbRERT RJRERW ;ERERY  

0"$*$* ..1-I RETYbRESS RESRJREWS ;EREWZ  

B"#6:(!(2/#67/"5CB/1"#7#!7"1C.B.)/(.1CB.;(.1

- /9.#51 "# %15.1-B /1 #6 .6 48# 8/ )/"(!# 48# 5#%-#+ - !/7("" "#
.(/1!("16-( 5#6E67#)/"(!#<#-3#5%(-"#.(/1!("16!1.3-#71"#-16=8.16"(5#!71

SXU 
 

#(/"8675(-#6301-#66#.8#675/#/-67 -6/7#5(15#6E-/9.#51"#%15.1-.#"(1
%8#"#SYBW<S[BU.-"# RBSISRR.-#/"(5#!71#(/"8675(-5#63#!7(:.#/7#E
16.(/1!("1648#6##/!1/7551/"#%15..<15(75(B#/15"#/"#!5#!(#/7#B!("1
6357(!1a 351-(/a !("1 &-87.(!1a 6355&(/ a 6#5(/a -/(/C 75#1/(/B
&-87.(/B &-(!(/B :-(/B .#7(1/(/B (61J-#8!(/B -#8!(/B 7(516(/B %#/(--/(/B -(6(/B
'(67("(/ < 5&(/(/ 6# #/!1/7551/ #/ /(:#-#6 .)/(.16E # !8#5"1 !1/ -16 :-15#6
#67 -#!("16 315 -6 &8)6 "#   35 #- =8.1 "# -(.2/B  - "(675( 8!(2/ "# -16
.(/1!("16 (/"(:("8-#6 /1 #67 /( 315 - :5(#"" "# %587 /( 315 - 351!#"#/!(B 
#;!#3!(2/ "# - 351-(/E / #- 35#6#/7# #678"(1B 6(/ #. 5&1B #- WW^ < #- UW^ "# -16
5#68-7"1635#5(/<-/(/#67/315"# +1"#-16:-15#6.)/(.16#67 -#!("16
35#6716.(/1!("16E6716315!#/7+#66##-#:/-ZR^<WW^#/=8.16"#-(.2/
(/"8675(-#6E


LBLB,*(51$,*1

• #638$6 "# /-(=5 #67")67(!.#/7# . 6 8/(""#6 351"8!7(:6B =8.1 "#


351!#"#/!((/"8675(-<3-/73(-171M"(5#!71NB/16#1 6#5:/"(%#5#/!(6#/75#
. 6 8/(""#6 351"8!7(:6 "#/751 "# 8/ .(6. !.30B 3#51 6) #/75#
!.306 "(%#5#/7#6B !1/ -1 48# 1 6#5:.16 48# - .(*2 .$(,2,  :5),1
,!0 7(,01 /5$.0(1  (,1 ,2*$,1 $*5120$()*2 9 1
0.01*22$7(.0,1,.0,52$7,(:5),($)-*B

•  !1.35!(2/ "#- 3#5%(- 48).(!1 !1.3-#71 "# 8.1 "# -(.2/ #6301- "# -6
:5(#""#6 (/1<#5/"#51!#"#/!( /"8675(-M1/!#/75"1N<-/7(-171
M"(5#!71N!1/-165#!1&("16#/-&8)"#5#%#5#/!("# 35=8.1"#-(.2/
/16 (/"(! 48# /1 6(#.35# 61/ !1/!15"/7#6 -16 :-15#6E * (,1 5),1
1.+,(1#9.0)20,1/5*,(("*@-.1*(,1(%)$21.0,.512,1.,0(
"5% E
•  "#67!5 -16 :-15#6 "# .(/1!("16 "#- 8.1 "# -(.2/ 1 7#/("16 #/ -
!.30 TRRV K TRRWB !1/ :-15#6 .8< 683#5(15#6 #/ ST "# -16 .(/1!("16
5#%#5#/!("16E

SXV 
 

• 16 351!#616 "# #;75!!(2/ < !1/!#/75!(2/ /1 !1/75( 8<#/  !. (5 -
!1.316(!(2/"#-=8.1E
• 1*10$,,*1$00(07$1$-*( .05),$)-**("5*,1
 (,1 .0)20,1@ 1 # ),120, /5 :5),1  "0* ($ *, 1,*
.2(1*()0,(@,*( 5%!0*$.05),
$)-* 25()*28$12*2B









SXW 


CAPÍTULOIV


 

-$12'+ @ ) '2)#'(#+'#(1#+)'+0-/(1/+0'#


72(+'#(,)0-*+'D  D@E2/(E

L@I@ )1/+2#,)

24 2%<%/, <7+.3 *%+/, 30-.*429!3 ,*%3%3"&3%.I17&+%.3


02 3 ,47, 30 %*%,4 2!3023 2.+02.3.,*.3 34,2 3%,4 2,%.,* 3
47* 3  "%,%.3 0.2 * /%#.   24%3    E  .,4%,7%/, 3  9,  %2
 322.**,.  7,.   *.3 02+ 42.3 17   "%, , * <7+.   *%+/, , * #7&
 B .+02,. *.3 9*.2 3 .4 ,%.3 , *3 %" 2 ,4 3 +0-3   347%. ; *.3
<7+.3.4 ,%.3 ,7,!0. 3 17&*%+4%., 0%3.%.3 **79%%,4 ,3E 
%,4 ,42 ,.,422 042., 3 17  37#% 2, /+. 7, 0.3%*  +%. *%+4%. 0.2&
" 42*.32,#.3 34* %.30.2 .+.%,%.2 3 *%E

&1+01-$12'+

 * 34* %+% ,4.   ,.2+3 %,4 2,%.,* 3   *% 02 7+.3 7,17 
2 9%3*  .,4%,7+ ,4  3 7, .( 4%9. %"&%* 3% * 9%# ,%   *.3 02+ 42.3 34
" 4 0.2 *.3 +%.3 , * *%+E ., 34  347%. 02 4 , +.3 732
(734%"%%., 3 4 2+%,.3+%.317 3  34,02.7% ,. ,*324 2&34%3
   "%,%%/,  * 7+.   %+/, 30-.* 17  *  $ , 3%4723  "7 2   * 7&  
 " 2 ,%     02 34  <7+.E * .( 4%9. 3 9 2 3% 34.3 +%.3 34,
2 *%.,.3., *+%.*%+4%.;2%2+%,.302 *& 307!3E

 % * +%. *%+4%. "7 3  , *#7, + % 2 30.,3*    *#7,.   *.3


+%.317 $ +.3 "%,%.02 *7+. %+/, 30-.*B , *0&47*.,4 2%.2B
07  2%2*07 24.42.3+7$.3 347%.3 .423"2743;3.2 4..2 +7$.3
%,4 22.#,4 33.2  *17!$ 2024%2  3 +.+ ,4.E

QVW 
 

L@J@ 02'1+06#020#,)

L@J@I@+)1)#+)0,'#+00+'2'0
.3 3/*%.3 3.*7* 3 4.4* 3 , *.3 <7+.3 &42%.3 %,*7; ,  4..3 *.3
.,34%47; ,4 3 *"27417  34,%37 *4.3 , *<7+.7,9 < :42&.E

.+. 3  .+ ,4/ , * 0&47*. SB *.3 .3 02%,%0* 3 .+0., ,4 3 , *.3
3/*%.33.*7* 34.4* 3 ,<7+.3&42%.33.,*.3<82 3;*.3%.3.2#,%.3E,*.3
<7+.3   ,2,(B *.3 <82 3 02 .+%,, ; * ,4%   %.3 3 (B 0.2 *
.,422%.B , * <7+.   *%+/, *.3 %.3 02 .+%,, 3.2  *.3 <82 3 J%,*%2B
QYVQKE

 , * %#72 TEQB 3  +7 342 * 9.*7%/,  * .,4 ,%. , 3/*%.3 3.*7* 3
4.4* 3 ,<7+. *%+/,"2 3..%2 4.E

2(+#/1+ RPPRIRPPS
RPPSIRPPT
/*%.33.*7* 34.4* 3J=2%:K

RPPTIRPPU
QR

QP

X

V

T

R

P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/ L@I@ ,'#+0 0+'2'0 1+1'0 D8/#5E ) 72(+  '#(,) #/1+ 2/)1 '0 # /)10
(-*0@D)5+L@IE

 07  .3 292/+.* 9.*7%/, *.,4 ,%. ,3/*%.33.*7* 34.4* 3


3  +,4% ,  .,34,4   *. *2#.  * 4% +0. 72,4  *3 42 3 +0-3   347%.B
*,<,.3 *.39*.2 3+3(.3 ,*.3+ 3 3 9 2,. , *3. *+0-
RPPRIRPPS J.2 ,4  4 *EB RPQTKE  .,4%,7%/,B *.3 2 37*4.3   *3 +7 3423

QVX 
 

2 .#%3  *. *2#.  * + 3   7,%.   RPQT 423 37"2%2 .3 0%3.%.3   **79%3
%,4 ,33*"%,* 7,*2#.0 2%.. 3 17&+ 4 .2.*/#%E

 
IIB&2)

IJB&2)

IPB&2)

IQB&2)

JHB&2)

JKB&2)

JLB&2)

JMB&2)

JNB&2)

JOB&2)

KHB&2)
LB&2)



 


8/#5 XBPS XBWW XBXW WBQ WBRS WBSS WBUW WBYW VBYS WBSW VBXW WBUW XBXW VBXW WBVS PBVV
*TEQE=2%:<7+. *%+/, *+ 3  7,%. RPQTEEJ, :.TERK

.+02,..,*+ % *.34.3  7,%. *342 3+0-3 347%3 , *


0&47*.SD

2)#+ # 


JHHK UBXX PBVS
JHHL WBTS PBUS
JHHM WBTU PBRU
JHIL WBVS PBVV
 '#(#10 +%,EW
'L@J@8/#572(+'#(,) 2)#+'0# /)10(-*0D)5+0L@I6L@JE

* *&+%4  "%(. 0.2   3   W 2%: 02 <7+.   *%+/, %2 4. ; X 02 *.3
02.  ,4 3 ., ,42.J, :. KE,*.32 37*4.33 07  .3 29217  *-.
RPQT3 .22 30., .,*.39*.2 3,.2+* 3 *<7+. *%+/, 30-.*B3% ,.!34 
+7;  2,. * *&+%4  "%(. 0.2  B 0 2. *%# 2+ ,4  370 2%.2 *   *3 +0-3
PSHPT;PTHPUE

RPQT"7 7,-.+2.0.2*3 17&B*34 +0 24723"7 2., * 9302


*+ 3 (7,%.0 2..,7,7 ,%" 2 ,% ,42 *4 +0 2472%72,;,.472,B
 ,/+ ,.17 "9.2  7,.22 4+72%/, *.3"274.3&42%.3E34*3TES;
TET ; * "%#72 TERB +7 342, * 2 37+ ,  * + 3   7,%.   RPQT 3 #8, * 34%/,
+ 4 .2.*/#% 2%$7 *I 3+02.3JKE

QVY 
 

&3 
 :E &,E  % **79%
/#-#1#+)0 QR SBS PBW S
D((E RSI(7, QWI(7,
7 24 L . 2L
)1)0#
J_SP++H$K J_R;`QU++H$K

L*3%"%%/,  J=//+/< + 0 )2)1/ '
+/#!)'/ /)#@K  
' L@K@ /#-#1#+)0 (0  2)#+  JHIL@ 01#,) (1+/+',!# /#"2'B
0(-/+0D)5+L@KE

  %  3%*%/, 3%*%/,


+ % *3 *3 :42 +&I + %&I
 :%+3 &,%+3  % ,.$  ,.$ 
SPBU QWBV RTBQ RTBT QRBY
 +0 2472
SWBQ+:E QRBW+&,E   
=
QTI(7, PSI(7,   
' L@L (-/12/0 (0  2)#+  JHIL@ 01#,) (1+/+',!# /#"2'B
0(-/+0D)5+L@KE

.3 &3  307!3   **79%3 %,4 ,33 3  2 #%342,  3 ,3.3 , *.3 =2%:   *.3
<7+.3 *%+/,17 ** #,B ,*#7,.33.3B3 2%," 2%.2 3.%#7* 3**&+%4  W
"%(.0.2 J&3QXBRU;RWKE2</,  34  3 ,3.3 0.2& ,.,422 ,*
3.2%/, #7 *37 *.0.2 *2.*B4237,**79%%,4 ,3.+0- *43
4 +0 2472317 "9.2  ,*42,30%2%/,J;9 243 ,BQYXTKE

"%#72TERB%*7342*2 *%/, ,42  **%+; *.,4 ,%. ,3/*%.33.*7* 3E

º /#5
((A#  +0 2472:E 2%: 02 %0%4%., 3 º 
QT TP
QR SU
QP SP
RU
X
RP
V
QU
T QP
R U
QWP 
P P
 

.2 .42. *.B * -. RPPS 02 3 ,4 7, ,.+*& , * .,4 ,%.   3/*%.3
3.*7* 3 ., 7, + %   UBXX 2%:B +7; 0.2  (.   * + %   *3 +0-3
3%#7% ,4 3; **&+%4  :%#%.0.2 J, :.TEQKE

,*%*%.#2"&; " +!2% 3 *3  4.3 *3 2 .# ,4.3


 %,".2+ 3 3.2  * -. RPPS 17  3  32%4. .+. F"7 2   *. .+8,G ., 7,3
4 +0 24723 +7; * 93 ; ,.$ 3 42.0%* 3E  34  -. 3  4% 2., 2 .23  
4 +0 24723 +:%+3 , 4. 72.0 .% ,4* ., 7, .*   *.2 17  02.9./
 2 QQPPP+7 24 3 ,2,%;7,%,2 + ,4. ,*.32 #%342.3  "7,%., 3 
30-J%2 4 %,%2 4+ ,4 3 #8,"7 ,4 3 *.32 30 4%9.3+%,%34 2%.3KB3.2 
4.. ,%,.3**,<23 4 +0 24723 TW#2.3 ,*#7,30%4* 3.+.
72%JKE

3& 07 3B *.3 2 37*4.3 .3 29.3 , * -. RPPS 3  0.2&,   2  7,3
.,%%., 3 *%+4%3 ,.2+* 3 ., ,.$ 3 42.0%* 3 17  %+0%% 2., * .22 4
+72%/, *.3*%+., 3 17 *-.E

L@J@J@#7

L@J@J@I@ #74'+/'

.3 %.3 .2#,%.3 3., *.3 02%,%0* 3 .,34%47; ,4 3 3.*7* 3  * <7+.  


*%+/,E+ %17 7+ ,4*+72%/, *"274B*% < *<7+.7+ ,4;
* 0
 %3+%,7; E  % < 4.4* , * <7+.   *%+/,B 3     02%,%0*+ ,4   *.3
%.3 &42%. ; +*%.B 0 2. *3 92%%., 3 , *.3 9*.2 3   % < 3    ,
3 ,%*+ ,4   *.3 +%.3 , * ., ,42%/,   %. &42%. J%,*%2B QYVQKE
.2 .42. *.B * % <   *.3 &42%.3 34 %2 4+ ,4  3.% ., * *%E
%+., 3.,7 ,*%B4% , ,*4.39*.2 3 % <JUPIVP# %.&42%.0.2
*%42. <7+.KJ%,*%2BQYVQKE

% <9*.2* 3 $ 4 2+%,. ,4.3*3+7 3423 <7+. *%+/,


02.4 , 22 37*4.33.2  *7+ ,4..*%3+%,7%/, *.3%34%,4.3%.317 
07  $ 2 ,*+7 342J&42%.B+*%..*4%.K72,4 *.3%34%,4.3+ 3 3 *3
%34%,43 +0-3 347%3 ;B .,2 4+ ,4 B 72,4  * + 3   7,%.   RPQT
02.3 2927,0.3%*  " 4. **%+E
QWQ 
 

"%#72TES+7 342*.32 37*4.3 * 9.*7%/,  34 02+ 42. ,*3%34%,43


+0-3 347%3E

2(+#/1+ RPPRIRPPS
RPPSIRPPT
% <9*.2* J#%.&42%.HK

RPPTIRPPU
XP
WP
VP
UP
TP
SP
RP
QP
P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+

#!2/L@K@#7D!A'E'72(+#(,)'0(-*0@D)5+L@LE@

 .+.3 .3 29 ,*"%#72TESB*% <%,%%* 4..3*.3<7+.3 %+/,


, *3 %34%,43 +0-3B  + % 17  9,<2., *.3 + 3 3B 34 % < "7 
%3+%,7; ,. $34 * + 3   +;.B +.+ ,4.  024%2  * 7* 34 ., ,42%/,
7+ ,4*%# 2+ ,4 $34 *9*.2%,%%*E34. 3 %.17 B024%2 +;.B*
92%  *%+/,74%*%<"7  2,B;  , 2.$342%*B*92% 74%*%<"7 
%,.E,*TEUB9*.2 3 +7 3423,*%<3 ,(7,%. RPQTE
TI(7,




 


(7,

(7,

(7,

(7,

(7,

(7,

(7,

(7,

(7,

(7,

(7,
QQI

QRI

QXI

QYI

RPI

RSI

RTI

RUI

RVI

RWI

SPI




#7D!@
UUBP VTBP VUBS URBW UVBX UWBX UXBX VPBP UTBX UVBU UQBP UWBT VUBS UQBP UWBUQ TBQW
$1/#+A'E
' L@ME % < 4.4* , #H*   %. &42%. ,$%2. ,  <7+.   *%+/,   7,%.   RPQTE
EJ, :.TERKE

,**TEV3 2 .# ,*.39*.2 3+ %.3 % < ,7+. %+/, 30-.* ,
*+ 3  7,%. *3+0-3 347%3E

7,%.   % 


JHHK TRBYX QBWX

QWR 
 

JHHL UVBWY QPBSY


JHHM TWBVX RBSX
JHIL UWBUQ TBQW
 )!+ TUIVS
' L@N@ #7 +1' D!  #+ $1/#+A'E 72(+  '#(,)  2)#+  '0 # /)10
(-*0@

, 7,4.  * % < 4.4*B ,. 3  .3 29 ,%,#7, 92%%/, %+0.24,4  0.2
" 4. **%+ ,(7,%. RPQTB8,%+ ,4 3 .3 297,*%# 2. 3 ,3.423*3
02 %0%4%., 3   *.3 &3 QW ; RS   (7,%. * %#7* 17  .722& ., * .,4 ,%. ,
3/*%.33.*7* 3E%$." ,/+ ,.07.3 2%,7%.0.2*3.2%/, #2,,4%
  #7 423 *3 **79%3E 3 * 93 4 +0 24723 02.9.2., 7, +;.2
42,30%2%/,;0.2 **.3.2%/,B%3+%,7; ,.*., ,42%/, 3.*74.3 ,"274.E


Precipitaciones º 
((A#  +0 2472:E 02 %0%4%., 3 % <#H* #7D!A'E

QT WP
QR VP
QP UP
X TP
V SP
T RP
R QP
P P
Q R S T U V W X Y QP QQ QR QS QT QU QV QW QX QY RP RQ RR RS RT RU RV RW RX RY SP

$0D&2)#+JHILE

#!2/L@L@'#,)#7B/#-#1#+)0B(-/12/> 2)#+JHIL@#)D)5+0
L@J6L@K

, *-.RPPS3 2 #%3422.,% 243,.+*&3 ,*+72%/, *.3"274.3E


3 0.3%*  17  *3 ,.$ 3 42.0%* 3 ., * 93 4 +0 24723 J, :.3 TER ; TESK
479% 3 , 7, " 4. 9 23. , * 9.*7%/, ,472*   * % <  *. *2#.   *
+72%/,;".2+%/, *.3"274.3E

L@J@J@J@#74+'1#'

QWS 
 

 *,*%3%3 *% <9.*4%* ,*3+7 3423 <7+. *%+/,%2 4. *3


+0-3RPPRHPSBRPPSHPT;RPPTHPU,.30 2+%4 .3 2923%*+7 342$37"2%.
*#8, 4%0.   .,4+%,. +%2.%,B 0.2 ( +0*. ., 4 2%3 !4%3 . 3  34
02.7% ,. .42. 4%0.   " 2+ ,4%/,B 17  %3+%,7; * *%  * <7+.E 34 
02+ 42.%,"*7;  , *2.+; *3.2 *.3<7+.3;373,%9 * 307  ,3.,7,
&,%  7 ,3024%3 02. 3.;9%84%* *.3<7+.3J.2 ,4  RPQTKE

.32 37*4.3.4 ,%.3 *% <9.*4%* ,*.3<7+.3%2 4.33 +7 342,


,*"%#723%#7% ,4 E

RPPRIRPPS
2(+#/1+
% <9.*5*J#%.!5.HK

RPPSIRPPT
RPPTIRPPU
PBU

PBT

PBS

PBR

PBQ

P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@M@#74+'1#'D!A'#+1#+E)72(+'#(,)#/1+2/)1'0# /)10
(-*0@D)5+L@M@E

.32 37*4.3 % <9.*4%* *3+7 34233 +,4% , (.372,4 4.3


*3 +0-3B PBPRIPBPT #  %. !4%.H , *.3 3.3   *3 +0-3 RPPRHPS ;
RPPSHPTE..34,4 B*.32 37*4.302 *02%,%0%. +0- RPPTHRPPUB3.,
*#.+;.2 3*3+0-3,4 2%.2 3B.+.3 .3 29 , *#2"%.E%, +2#.B
* 9*.2 ,. 3 4, * 9. .+. 02 0. 2 .,*7%2 17  $ $%. 02.* +3 .
.,4+%,%., 372,4  *02. 3.  *.2%/,E

L@J@K@#+0+/!)#+0

.3%.3.2#,%.33.,7,. *.3&,% 3+384%* 3 *74 ,4%% ,*.3


02.74.3  2%9.3   "2743B ; 17  4% , , + ,.2 373 04%%*%   3 2 *4 2.3

QWT 
 

72,4  *02. 3.;*+ ,+% ,4.17 .42.3.+0., ,4 3 "2743J+2


EBQYYYKE

.302%,%0* 3%.302 3 ,4 3 ,*.3&42%.33., *%.&42%.; *+*%..,


,4% 3+7;0 17 -3 4242%.B ,<.%.B.:*%.;37&,%.J2 ,%<BRPPTKE

3 ,  32%. .+ ,42 17  * 7+7*%/,   %$.3 %.3 , *3 97.*3  
*3!*7*3 *.3&42%.3 37,02. 3.2 #7*.0.2 * 322.**.B*., ,42%/,; *
+%. , * 4% +0. 92& +7$. ,42  30 % 3 ; 92%  3 ; 3 *4+ ,4 
373 04%*  * *%+ J, *  !  QYYUKE . 8*4%+. 3   9%4* %+0.24,% 02 *
42(.  347%.17 .,% 2,  34 02.; 4.E

7+ 2.3.3 347%.3 3.2  * .,4 ,%.   %.3 .2#,%.3 3  $,


2 *%<.72,4 *+72%/, *"274  30 % 34* 3.+.,2,(B0.+ *.B
+,2%,;*%+/,, 34.3 347%.33  +.342/17 *% <3   02%,%0*+ ,4 
* %. &42%.B %3+%,7; ,. 34  72,4  * +72%/,   * ,2,(B 4.2.,( ;
+,2%,B+% ,42317 3 +,4% , .,34,4  , **%+/,J.7"% 4*EBRPPSKE

L@J@K@I@ #+0,/#+

.+. % , 3 .,.%.B * %. 3/2%. . 9%4+%,  JS


TSK 3 7, %.
.2#,%.$%2.3.*7* .,02.0%  3,4%.:%,4 3% , 347%3E

 ,*% 4+ %4 22, B*.3&42%.33.,7,%+0.24,4 "7 ,4  9%4+%,E


*.,4 ,%. %.3/2%. ,*#7,.3*%+., 3$3%.370 2%.2*.3VXP+#H 
<7+.J.2 ,4  4*E RPQTKE

 .,4%,7%/,B*"%#72TEVB+7 342*.32 37*4.3 <7+. *%+/,


30-.*%2 4..4 ,%.3*.*2#. *3+0-3RPPRHPSBRPPSHPT;RPPTHPUE

QWU 
 

RPPRIRPPS
2(+#/1+
RPPSIRPPT
RPPTIRPPU

%.3/2%.J+#HK
XPP
WPP
VPP
UPP
TPP
SPP
RPP
QPP
P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/ L@N@ #+ 0,/#+ D(!A'E ) 72(+  '#(,) #/1+ 2/)1 '0 # /)10
(-*0@D)5+L@NE@

.32 37*4.3+7 342,B ,# , 2*B7,3., ,42%., 3.2 .,* 7&


    02 7+.   %+/,B J, :. KB 3  %2 370 2%.2 3 * +&,%+. "%(. , QUP
+#H*   %. 3/2%.E , * +0- RPPRHPS 3  .3 29 7, ( ,/+*
.+02.,*.3.42.3-.3.+.+7 342*4*TEWE

7,%.   % 


JHHK QVTBXS QQBRR
JHHL TWYBS WPBVR
JHHM RXUBQU TYBQW
 )!+ +%,QUP+#H*
'L@O@#+0,/#+D(!A'E72(+'#(,) 2)#+'0# /)10(-*0

 * %#7* 17  3  .+ ,4/ ,4 2%.2+ ,4 B *3 ,.+*&3 2 #%3423 , * *%+
07% 2., 4 , 2 7, " 4. , * +72%/, %,.+0* 4   *.3 "274.3 J, *  EB
QYYUKB17 07  2*7#29*.2 3"7 2 *2,#..+7; 2,.337+&,%+.E 

L@J@K@J@ #+$1/#+

* %. &42%. 3 7, %. .2#,%. JV


XWK 02 3 ,4  , * +;.2&   *3
"2743B3.2 4.. ,&42%.3J%.+;.2%42%.KE

QWV 
 

:%34  7, #2, .22 *%/, ,42  * %. &42%. ; * %. +*%.B ; * 24%.
&42%.H 3.&42%.3 73.+.02+ 42. *% *<7+. *%+/, ,* 7& 
 E

,*%#72TEWB3 +7 342* 9.*7%/, *.,4 ,%. %.&42%.72,4 


*3+0-3 RPPRHPSBRPPSHPT;RPPTHPU ,<7+. *%+/, 30-.*%2 4.E

2(+#/1+ RPPRIRPPS

RPPSIRPPT

RPPTIRPPU
QPP
%.&42%.J#HK

WU

UP

RU

P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/ L@O@ #+ $1/#+ D!A'E ) 72(+  '#(,) #/1+  '0 # /)10 (-*0 D)5+
L@OE@

,**TEXE3 +7 342,*.39*.2 3 *%.&42%. ,7+. %+/,%2 4. ,


7,%.RPQT


 
QQI(7,

QRI(7,

QXI(7,

QYI(7,

RPI(7,

RSI(7,

RTI(7,

RUI(7,

RVI(7,

RWI(7,

SPI(7,
TI(7,



 



%. &42%.
VTBY UTBQ VXBX VQBU VSBX VVBT VVBP VWBW VSBQ VTBU VPBV VWBW VXBX UTBQ VTBPX TBPR
J#H*K
'L@P@ A'#+$1/#+)72(+'#(,) 2)#+JHIL@@D)5+0L@J6L@KE

, * 4* TEY 9*.2 3 + %.3   %. &42%. , <7+.   %+/, 30-.* %2 4.
72,4 *.3+ 3 3  7,%. 4.3*3+0-3,*%<3E

QWW 
 

7,%.   % 


JHHK TQBVW TBVW
JHHL VTBVQ QTBYV
JHHM UXBYV TWW
JHIL VTBPX TBPR
 )!+ TUIVS
'L@Q@#+$1/#+D!A'E72(+'#(,) 2)#+# /)10(-*0@

 .3 2 37*4.3 +7 342, ., ,42%., 3   %. &42%. 0.2 ,%+ ; 0.2
 (. *2,#."%(.0.2 E.2 (. *2,#. ,.,42+.39*.2 3 TQBVW
#H* %.&42%. ,(7,%. RPPSE-.17 $3%..,3% 2..+. :42.2%,2%.
 3  * 07,4.   9%34 *%+4%. * 2 #%34223  ,.$ 3 42.0%* 3 ; 9*.2 3  
4 +0 24723 + %3 +&,%+3 ; + %3 +:%+3 +3 * 93   *. $%47* 17 
%"%7*42&,*+72%/,.22 4 *.3"274.3;0.2*.4,4.3 2&*/#%. ,.,422
9*.2 30.2 (. *2,#."%(. ,TU#H*E .3 29 +317 *+;.2& *.3
2 37*4.3 .4 ,%.3 , (7,%.   RPQT 34, *%# 2+ ,4  0.2 ,%+  * *&+%4 
370 2%.2 *2,#. E

 "%#72 TEX 0.2& 2 :0*%%/,  * * 9 ., ,42%/,   %. &42%.
02 *+ 3 (7,%. RPQT;17 3 .3 2917 B(734. 307!3 7,**79%B*.3
9*.2 33  2,*2,#.E34.0.2&3 2 %.*3 17&37"2%72,4 RPQTE
%$ 3 17& 0.2& $ 2 $ $. %3+%,7%2 * ,4%   #7 , *.3 "274.3 ; .+.
.,3 7 ,%B * .22 30.,% ,4  7+ ,4.   * ., ,42%/,   3.*74.3B , 34 
3. * %. &42%.E ., 34 4 .2& 3  :0*%2& /+. 423 7, 02 %0%4%/, *
., ,42%/, %.&42%.4% , 9*.2 3,.2+* 3 ,42. *2,#.E

QWX 
 

 +0 2472:E 02 %0%4%., 3 %.&42%. ,#. +&,E ,#. +:E


º 
Precipitaciones #+$1/#+D!A'E
((A#

QT XP
QR WP

QP VP
UP
X
TP
V
SP
T RP
R QP
P P
Q R S T U V W X Y QP QQ QR QS QT QU QV QW QX QY RP RQ RR RS RT RU RV RW RX RY SP
$0D&2)#+JHILE
#!2/L@P@'#,)#+$1/#+B/#-#1#+)0B(-/12/> 2)#+JHIL@#)D)5+0L@J6L@KE

L@J@K@K@ #+ 0+$1/#+

*%.%3.&42%.JV
XWK 3.42.%..2#,%.B+ 4.*%4. *%*. 2 3
17  3  # , 2  307!3   * 2 .+.%/,  * %. &42%.E  ., ,42%/,  *
%.%3.&42%. 3+ ,.217 * *%.&42%.;3.*+ ,4 *. ,.,42+.3 ,<7+.E
%#72TEYE+7 342*.39*.2 3 E 3.&42%. , *7+. %+/,,*%<.

RPPRIRPPS
2(+#/1+
RPPSIRPPT
RPPTIRPPU
VPP
%. 3.&42%.J+#HK

UPP
TPP
SPP
RPP
QPP
P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+

#!2/L@Q@@ 0+$1/#+D!A'E72(+'#(,)#/1+'0# /)10(-*0@D)5+L@PE

*%#7*17 .,*+;.2& 02+ 42.3B , *-.RPPS3 2 #%342,,.+*&3


*%+4%317 " 42.,*+72%/, *.3"274.3E, 34 3.3 .3 2917 02
%$.-.B*.39*.2 33 3%48,"7 2 *2,#. * 7&  027+. %+/,E
*2 34. +0-3+7 342,2 37*4.3 ,42. *.32,#.3B4*TEQPE
QWY 
 

7,%.   % 


JHHK QYYBQY UWBSS
JHHL SSPBVR URBWW
JHHM SVUBTX RXBTX
 )!+ RSPIUPP+#H*
' L@IH@ #+ 0+$1/#+ D!A'E 72(+  '#(,) 0-*+' #/1+@ 2)#+  '0 # /)10
(-*0012#0@

,*4*TEQQ9 +.3*.39*.2 3 *4%.&42%.H 3.&42%. *.3+ 3 3  7,%.


,7+. %+/, 30-.*%2 4.B *3%" 2 ,4 3+0-3E

3.&42%. 4%.
7,%.  J+#H*K &42%.J#H*K &42%.H 3.&42%.
JHHK QYYBQY TQBVW RPYBQ
JHHL SSPBVR VTBVQ QYUBT
JHHM SVUBTX USBR QTUBU
 )!+  :ERPP
'L@II@1#+$1/#+A#0+$1/#+)72(+'#(,)> 2)#+'0# /)10(-*0@

, * +0-   RPPRHPSB 3  $, .3 29. 92%.3 2 37*4.3 "7 2   *.3
2,#.3"%(.30.2* 7&  027+. %+/,E $&*%+0.24,% 3 2
/+. 7, 0.3%*  +%. *%+4%. 4 ,2& 7, " 4. 0 2(7%%* 3.2  *
.+ 2%*%<%/,; *24 2,742%4%9. *.3*%+., 3;0.3%* + ,4 .42.3"274.3E

L@J@K@L@ #+B('#+

* I*%. ,. *. ,.,42+.3 , <7+.   *%+/,   ".2+ ,472*E 2 34 
347%. 3.*. ,*%<2 +.3 * .,4 ,%.   I*%. , <7+.E 34  %. *.
,.,42+.3 ,"2743;9 2723.,3.2%.E, **%+/,*+;.2., ,42%/,
 E+*%.* ,.,42+.3 ,$.(3J%,*%2;,;BQYTUKE

,.   *.3 +%.3 +3 %+0.24,4 3 , * .+0.3%%/,  * "274. 72,4  *


0 2%.. *+ ,. 3 *3%#,%"%4%9. 3 ,3. *.,4 ,%. %.I+*%.B;
7,7+ ,4. %.&42%. %.!34 8*4%+.*0!2% #7 *"274.J%,*%2
M,;BQYTUKE

QXP 
 

%#72TEQPB+7 342*.39*.2 3 %.+*%..4 ,%.3 ,*3+7 3423 


<7+. *%+/, 30-.*%2 4.,*%<3E

2(+#/1+ RPPRIRPPS

RPPSIRPPT

RPPTIRPPU
U
TBU
%.*%.J#HK

T
SBU
S
RBU
R
QBU
Q
PBU
P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@IH@#+('#+D!A'E)72(+'#(,)#/1+'0# /)10(-*0@D)5+
L@QE

*TEQRE+7 3429*.2 3  7,%.IQT EI*%. ,7+. *%+/, 30-.*


%2 4.E*TEQSE+7 3429*.2 3+ %.3  7,%. *3+0-3,*%<3E

 
QQI(7,

QRI(7,

QXI(7,

QYI(7,

RPI(7,

RSI(7,

RTI(7,

RUI(7,

RVI(7,

RWI(7,

SPI(7,
TI(7,



 



#+
TBP RBR RBT RBP QBY RBR RBR RBQ RBP QBW QBV RBP TBP QBV RBQX PBVQ
('#+D!A'E
'L@IJ@#+B('#+D!A'E72(+'#(,) 2)#+JHIL@D)5+0L@J6L@KE

7,%.   % 


JHHK QBPV PBPW
JHHL QBWU PBRV
JHHM RBWU PBYW
JHIL RBQX PBVQ
 )!+ QIWBU
'L@IK@#+B'#+D!A'E72(+#(,) 2)#+'0# /)10(-*0@

QXQ 
 

 2 * +0- RPPRHPS 3  .3 29, 9*.2 3   %. I *%.  2,.3 *
*&+%4 %," 2%.2 *2,#. * 7& 027+. %+/,B"%(. ,42 QIWBU#H*E*
.,4 ,%.   %. I*%. , %+/,  0 ,    * 02.  ,% J%,*%2 M ,;B
QYTUKE, 34 3.3  324/* #2%/,+%2.%.*/#%*,.2 #%34223 ,%,#7,
,.+*& , *.3 9*.2 3   *3 %" 2 ,4 3 +7 3423 ,*%<3E * -. RPPSB ; .+.
.+ ,4.B *3 .,%%., 3 *%+4%3 479% 2., 7, " 4. 9 23. ,  * +72%/,
 *.3"274.30 2. *.,4 ,%. ,%.I+*%. 3479. , *2,#. * 7&  E

 "%#72 TEQQB +7 342 * 2 *%/,  * E I*%. , 7+.   %+/, ., *
*%+4.*.#&

 +0 2472:E EI+*%. 02 %0%4%., 3


2,#.(.&42%. 2,#.*4.&42%. 
Ác. Málico!A'
/#-#1#+)0D((A#E º 

QT TP

QR SU
SP
QP
RU
X
RP
V
QU
T
QP
R U
P P
Q R S T U V W X Y QP QQ QR QS QT QU QV QW QX QY RP RQ RR RS RT RU RV RW RX RY SP
$0D&2)#+JHILE
$#$ 73/0

#!2/L@II@'#,)@B'#+B'#(1+'+!$@2(+#(,)0-*+'#/1+JHIL@D)5+0L@J6L@KE
L@J@L@I@ '2+0
.3 9*.2 3 + %.3 .4 ,%.3 , <7+.3   02.  ,% 30-.* J%#72 TEQRK
3.,WBYS#H ,<7+.%2 4. ,0*,40%*.4.E

QXR 
 

RPPRIRPPS
2(+#/1+
RPPSIRPPT
RPPTIRPPU
QR
QP
*7.3J#HK X
V
T
R
P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@IJ '2+0D!A'E)72(+'#(,)#/1+# /)10(-*0@D)5+L@IHE@

. 3  .3 29, 92%%., 3 3%#,%"%4%93 , *.3 2 37*4.3   *3 S +0-3 ; RPQT
+.342. ,*3*3TEQT;TEQU02 *+ 3  7,%.E

 
QQI(7,

QRI(7,

QXI(7,
QYI(7,

RPI(7,

RSI(7,

RTI(7,

RUI(7,

RVI(7,
RWI(7,

SPI(7,
TI(7,



 


*7.3
WBW VBX VBS VBQ UBY UBS WBP WBT VBR WBQ UBV WBR WBW UBS VBUU PBWV
J#H*K
'L@IL@ '2+0D!A'E72(+'#(,) 2)#+JHIL@D)5+0L@J6L@KE@

7,%.   % 


JHHK UBXX PBUS
JHHL YBPY PBTQ
JHHM VBRX PBWQ
JHIL VBUU PBWV
 )!+ SIQRJ#H*K
'L@IM@ '2+0D!A'E72(+'#(,)0-*+') 2)#+'0# /)10(-*0E

QXS 
 

.32 37*4.3+7 342,9*.2 3.2 3.,* 7&.  02<7+. 


%+/,E*-.RPPSB.,3% 2.%,737* 3  *07,4. 9%34*%+4%.B.3 29+.3
17  *.3 9*.2 3 + %.3   #*7.3 3., + ,.2 3 17  * + % $%47*   <7+.3
30-.* 3B 2,.3 *+ %02<7+.3 34.7,% ,3 3J.74$+;BQYWPKE

%#72TEQSB+7 342*2 *%/, ,42 *%+4.*.#&;9*.2 3  *7.3E 7,%.RPQT

 +0 2472:E *7.3 02 %0%4%., 3 2,#.(.&42%. 2,#.*4.&42%.


Glucosa!A'
/#-#1#+)0D((A#E º 
QT TP
QR SU
QP SP
RU
X
RP
V
QU
T QP
R U
P P
Q R S T U V W X Y QP QQ QR QS QT QU QV QW QX QY RP RQ RR RS RT RU RV RW RX RY SP
$0D&2)#+JHILE

#!2/L@IK@'#,) '2+0B/#-#1#+)0B(-/12/> 2)#+JHIL@#)D)5+0L@J6L@KE

L@J@L@J@ /21+0

3/+ 2.   * #*7.3E  "274.3 3 * <82 17  ,.,42+.3 , +;.2


., ,42%/, , * <7+.   *%+/,B $34 7, UW \  * 4.4*E
,*"%#72TEQTB9*.2 3 274.3 ,7+. *%+/, 30-.*%2 4.E

2(+#/1+ RPPRIRPP
S
QR
QP
/21+0D!AE

X
V
T
R
P
, 2.  2 2. 2<. 2%* ;. 7,%. 7*%.


#!2/L@IL@/21+0D!A'E2(+'#(,)#/1+'0# /)10(-*0@D)5+L@IIE

QXT 
 

,*4*TEQV3 .3 29,9*.2 3 274.3 , 7,%. *RPQT ,7+.%2 4. *%+/,
30-.*; ,*TEQW.+024%9 *.3+ 3 3  7,%. *3+0-3,*%<3E

 
QRI(7,

QXI(7,

QYI(7,

RPI(7,

RSI(7,

RTI(7,

RUI(7,

RVI(7,

RWI(7,

SPI(7,
TI(7,


$(7,

 
QQ 

274.3
UBU SBS SBU SBS SBQ RBX TBQ TBU SBR SBW RBS TBS UBU RBS SBVS PBXW
J#H*K
'L@IN@/21+0D!A'E72(+'#(,) 2)#+JHIL@#)D)5+0L@J6L@KE

7,%.   % 


JHHK UBX PBWY
JHHL XBW QBRR
JHHM VBVX WBS
JHIL SBVS PBXW
 )!+ SIQQJ#H*K
'L@IO@/21+0D!A'E72(+'#(,)> 2)#+'0# /)10(-*06JHILE

, # , 2* ,. 3  .3 29, 2 37*4.3 "7 2   *.3 2,#.3  * .    E  
2 #%3422., *#7,.3 9*.2 3 0.2  (.  * *&+%4  %," 2%.2 JS #H*K 17  0.2&, 3 2
:0*%.30.2*3.2%/, #74237,02 %0%4%/,E"%#72TEQUB+7 342*
9.*7%/,   * ., ,42%/,   "274.3 423 *3 **79%3 2 #%3423   %,4 ,3%
+. 2 , *+ 3 (7,%. RPQTB ,7+.%2 4. %+/, 30-.*E


 +0 2472:E 02 %0%4%., 3 274.3 ,#. +&,E ,#. +:E
Precipitaciones
((A# º 
/21+0D!A'E
QT TP
QR SU

QP SP
RU
X
RP
V
QU
T QP
R U
P P
Q R S T U V W X Y QP QQ QR QS QT QU QV QW QX QY RP RQ RR RS RT RU RV RW RX RY SP
QXU 
$0D&2)#+JHILE
 

L@J@L@M@ /+0

32.3JQR
RRQQKB 3 *<82+ ,.302 .+%,,4  , *<7+. *%+/,
.,7,QQ\ *4.4* <82 3B0 2. *+37,,4  , *<7+. ,2,(.,7,
TY\J.74$+;BQYWPKE

, <7+. 02.  ,4    %,7342%3 30-.*3 *.3 9*.2 3   32.3 3.,


* 9.3B SBTY #H , <7+. %,7342%* ; TBUR #H , <7+. %2 4. :42&. , 0*,4
0%*.4. J, :.  KE  #7&   2 " 2 ,%   02 7+.   %+/, 34*   7,
+:%+. W#H*E

%#72TEQVB+7 342*.39*.2 3 32.3 ,7+. %+/, 30-.*%2 4.

RPPRIRPPS
2(+#/1+ RPPSIRPPT
RPPTIRPPU
QP

X
2.3J#HK

V

T

R

P
, 2.  2 2. 2<. 2%* ;. 7,%. 7*%.


#!2/L@IN@/+0D!A'E)72(+'#(,)#/1+>(-*0012#0@D)5+L@IJE@

3+0-3 347%3.3 29,9*.2 3%," 2%.2 3W#H*B+:%+. *. 


 E+%!, , 7,%.IRPQT*.39*.2 3"7 2.,%," 2%.2 3B+.342. ,**TEQXE
 
QQI(7,

QRI(7,

QXI(7,

QYI(7,

RPI(7,

RSI(7,

RTI(7,

RUI(7,

RVI(7,

RWI(7,

SPI(7,
TI(7,



 



2.3
RBS QBV QBS PBX PBT PBX QBP QBQ PBV PBV QBQ PBX RBS PBT QBPS PBUS
J#H*K
'L@IP@/+0D!A'E72(+'#(,) 2)#+JHIL@#)D)5+0L@J6L@KE

 * QY +7 342 7, .+024%9   9*.2 3   2.3   + 3 3   7,%.  


4.3*3+0-3 ,7+. %+/, 30-.*%2 4.
QXV 
 

7,%.   % 


JHHK SBTU PBVW
JHHL TBXS PBWV
JHHM RBVS QBRX
JHIL QBPS PBUS
 )!+ +:EW#H*
'L@I@/+0D!A'E)72(+#(,) 2)#+'0# /)10(-*0@

 7,17 4..3*.32 37*4.33  ,7 ,42, ,42. *2,#.^W#H*B ,(7,%. 


,RPQT * 9*.2 ,*%<.   32.3 %3+%,7;  .,3% 2* + ,4  2 30 4.  *3
.423+0-3E3**79%32 #%342372,4  3 + 34+%!,;7,%3+%,7%2*.
 %.  * %3+%,7%/,   3.*74.3  307!3   7, **79% ; 4 +0 24723 *43 17 
"9.2  ,*3.2%/, #7B4.32 "* (.3 ,"%#72TEQWE

 +0 2472:E 2.3 02 %0%4%., 3 2,#.(.&42%. 2,#.*4.&42%.


Sacarosa!A'
/#-#1#+)0D((A#E º 

QT TP

QR SU
SP
QP
RU
X
RP
V
QU
T
QP
R U
P P
Q R S T U V W X Y QP QQ QR QS QT QU QV QW QX QY RP RQ RR RS RT RU RV RW RX RY SP
$0D&2)#+JHILE

#!2/L@IO@'#,)/+0B/#-#1#+)0B(-/12/> 2)#+JHIL@#)@D)5+0L@J6L@KE

$#% #)/'0

%+0.24,% *.3+%, 2* 3 ,*.302. 3.3+ 4/*%.3; , * 322.**. 


*30*,43 3% ,.,.%E2 ,4 , 2/+."7,%.,*+42%<37 *.I#7;/+.
QXW 
 

7, **79% 07   " 42  * %30.,%%*%   *.3 ,742% ,4 3  * 37 *.B 3 ,  32%.
.,. 2 *., 04. F7*.$8+ .G ,7,3%34 + 2% #.*.*%<.J%#72TE
QXKE


#!2/ L@IP@ 2'+ "3(+  02'+0 /)+B/#''+0+0 6 #01/#2#,)  (#)/'0 D'0

>JHHPE

.3%., 3]B*I;SIB %.37+ ,.2%,4 2%/,., *37 *.;37*4


3.*7%*%B 4% , ,  *%:%9%23  ., +;.2 "%*%B 0.2 *. 17  *3 +;.2 3
., ,42%., 3 3  02 3 ,4, , *.3 *&+%4 3  * 7*. $8+ .E .3 %., 3 17  4% , ,
+;.2 %,4 2%/, ., * .+0* (.   %,4 2+%.  * 37 *. JR] ; #R]KB 3 
., ,42, +3  2  * +%3.2E * ] 2 #%342 +.9%*% 9 24%* ; $.2%<.,4*C *
., ,42%/, , *37 *. 3+;.272,4 *.2+,%B;+ ,.2B72,4 *"3  
+72%/,  * "274.E  ., ,42%/,   *.3 %., 3 347%.3 34 9%,7*
3 ,%*+ ,4  * 0.24    ,742%+ ,4.3 0*%.3  429!3   * " 24%22%#%/,B
+% ,42317 37%342%7%/, 34.,%%.,0.2*3.2%/, *0*,4E +3
,. 3  $, .3 29. " 4.3 3%#,%"%4%9.3 17  2 *%., , *3 %%., 3   JSKR
., * %3+%,7%/, , *3 ., ,42%., 3   ] ; *I , * 7*. $8+ . J 33.I
$9 22&BRPPQKE

 34 +. *. 7*.$8+ .J#!2/L@IXK$;17 37+2*  * " 4. 7,


**79% 4.22 ,%* 3.2  * %342%7%/,   3* 3E %$3 3* 3 342&, 7+7*3 ,
"7,%/,   37 3.*7%*% , +;.2 + % , *3 02  3  * 7*. $8+ .E ,
**79% 4 ,2& 7, " 4. *%:%9%.2 22% ,. *3 3* 3 7+7*3 , *3 02  3 ;
%342%7;!,.*3$34*<.,2%7*2E.2*.4,4.7+ ,42&*,4% 3* 3
%30.,%* 302*0*,4J;9 243 , 4*EBQYXTKE

QXX 
 

L@J@M@I@ '#+
* *%. 34 02 3 ,4  , *3 0*,43 , #2, 3 ,4% 3 .+. 3* 3
%,3.*7* 3J.:*4. *%.KB 3+7$.+ ,.3+/9%*17 .42.3 * + ,4.3+%, 2* 3E
  7+7* , *.3 4 (%.3   * "274 ; *3 $.(3 0 2. ,. +%#2 *%2 + ,4   .42.3
4 (%.3E * *%. 3  ,7 ,42  (3 ., ,42%., 3 , *3 $.(3 (/9 , 3   *.3
&42%.3B ; 7+ ,4 20%+ ,4  $34 17  *3 $.(3 4% , , S . T + 3 3 J ., 3 ;
2) 2B QYUPKE 3 0*,43 7+7*, 742. 9  3 +3 *%. 3% 2  , , 37 *.3
3%.3B 17  3% 3   322.**, , 37 *.3 %.3E %$ 02.0%  4% ,  +7$
%+0.24,%  3  * 07,4.   9%34   7, 0.3%*  +%. *%+4%. ; 17  * 37 *.
37"2  .,34,4 + ,4  *.3 # ,4 3 + 4 .2.*/#%.3 ; 3 17& .,  2% *
%+0.24,%   34  347%.E  ,/+ ,.3 .+. ".2+%/, ;  ".2+%/,  * 7*.
$8+ . ,3%34 + 2% #.*.*%<.3.,%+0.24,4 302 ,4 , 2*+42%<37 *.I
#7E

, ,4%   %. .:*%. *+ , , * .24 < 0.2& 3 2
%,+ %4+ ,4  .,9 24% , 3* 3 %,3.*7* 3   *%. J%,*%2 ; ,;B QYTUKE 3
% 24.B 3/*. 3% $; 7, ,4%   *%. 0.2 ,%+  * 2 17 2%. 07   ".2+23 
2%34* 3   *%. , * .24 <E .*+ ,4  7, 0 17 - 42<   %. .:*%. 17 
02 < , * .24 < 07   3 2 3 -* 37"%% ,4  02 9% ,%2 17  * *%.
02 3 ,4 .+.%..:*%. 3403,..:*4. *%.%,3.*7* E*.2 3*4.3
 0
 ,*.24 <4+%!, 9% ,%,17  *%..:*%. 34! ,".2+ 3*E

,*"%#72TEQYB3 +7 342,*.39*.2 3 *%. *3%" 2 ,4 3+0-3


347%3B ,7+. %+/, 30-.*%2 4.B.4 ,%. ,0*,40%*.4.E .3 29,
., ,42%., 3   *%. * 93 , * +0- RPPSIRPPT 3% ,. +7$. +3
* 9317  ,*3.423+0-3E

QXY 
 

2(+#/1+ RPPRIRPPS
RPPSIRPPT
RPPTIRPPU
VPP

UPP
*%.J+#HK

TPP

SPP

RPP

QPP

P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@IQ@'#+D(!A'E)72(+'#(,)#/1+'0# /)10(-*0@D)5+L@IKE

4*TERP+7 3429*.2 3 *%. , *+ 3  7,%. *-.RPQTB ,7+.


 %+/, 30-.*%2 4.02.  ,4  %+., 3 *"%, *E*TERQ
+7 342*.+024%9 *.3+ 3 3  7,%. *3+0-3,*%<3E

 
QQI(7,

QRI(7,

QXI(7,

QYI(7,

RPI(7,

RSI(7,

RTI(7,

RUI(7,

RVI(7,

RWI(7,

SPI(7,
TI(7,



 


*%.
QQVBP QPWBP YVBX XUBY UUBY UUBQ VPBS VRBU UVBR UWBQ XTBQ UTBS QQVBP UTBS WTBRW RRBUY
J+#H*K
'L@JH@'#+D(!A'E)72(+'#(,) 2)#+JHIL@D)5+0L@J6L@KE

7,%.   % 


JHHK XSBRX QSBYV
JHHL QRXBXV SPBWS
JHHM QPYBTS SPBXX
JHIL WTBRW RRBUY

 )!+ TUIQVP+#H*
'L@JI@'#+D(!A'E)72(+'#(,) 2)#+'0# /)10(-*0

QYP 
 

.3 .3 29,4.3"7 2 *.32,#.3 *% *.  027+.


  %+/, 0 2.B , * + 3   (7,%.   RPQTB 3  2 #%3422., 9*.2 3 +7;  2,.3 *
*&+%4 %," 2%.2E 07   %217 *.3.32 37*4.3+3(.3 ,*%..22 30., ,
*.3.3-.3.,%,% ,%3+ 4 .2.*/#%3%,737* 3E.27,*.RPPSB.,,.$ 3
42.0%* 3; * 934 +0 24723;B0.2.42.BRPQT.,7,3 17&.,3% 2* E

 +0 2472:E 02 %0%4%., 3 *%.JK 2,#.(.&42%. 2,#.*4.&42%.


'#+(!A'
/#-#1#+)0D((A#E
º 

QT QTP

QR QRP

QP QPP

X XP

V VP

T TP

R RP

P P
Q R S T U V W X Y QP QQ QR QS QT QU QV QW QX QY RP RQ RR RS RT RU RV RW RX RY SP
$0D&2)#+JHILE

#!2/L@JH@'#,)'#+B/#-#1#+)0B(-/12/> 2)#+JHIL@#)D)5+0L@J6L@KE

"%#72TERPB.+02* 9.*7%/, **%. ,7+. %+/, 30-.*%2 4.;*3


.,%%., 3+ 4 .2.*/#%3 , *+ 3  7,%. RPQT

L@J@M@J@ !)0#+

*.,4 ,%. ,+#, 3%.,. 342 *%.,..,*92% ,% *.2%# , *
"274E 7,4. ., * 3.%. 3 * 17  3  ,7 ,42 , + ,.2 ,4% ; *.3 2 37*4.3
.4 ,%.302*3+0-3RPPRHPSBRPPSHPT;RPPTHPU 34,2 "* (.3 ,*"%#72
TERQB02 % ,.9*.2 3+7; 34* 3E

*TERR2 "* ( *9*.2 *+#, 3%.,*%<. ,7+. %+/, 30-.*


72,4  * + 3   7,%.   RPQT .4 ,% ,. 9*.2 3 .+02* 3  * + %   *.3
9*.2 3 *3%" 2 ,4 3+0-3,4 2%.2 3B2 "* (3 ,**TERSE

QYQ 
 

RPPRIRPPS
2(+#/1+
RPPSIRPPT
RPPTIRPPU
RUP
#, 3%.J+#HK

RPP

QUP

QPP

UP

P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@JI@!)0#+D(!A'E2(+'#(,)#/1+# /)10(-*0@)5+L@IL

 
QQI(7,

QRI(7,

QXI(7,

QYI(7,

RPI(7,

RSI(7,

RTI(7,

RUI(7,

RVI(7,

RWI(7,

SPI(7,
TI(7,



 


#, 3%.
WTBW WSBX XRBQ WPBW VXBV VXBP WSBT WPBP VUBP VWBU WTBU WPBW XRBQ VUBP WQBUX TBUP
J+#H*K
'L@JJ@!)0#+D(!A'E)72(+'#(,)> 2)#+JHIL@D)5+0L@J6L@KE

7,%.   % 


JHHK VRBT WBTQ
JHHL WVBSS RRBWU
JHHM QPSBX QQBSS
JHIL WQBUX TBUP

 )!+ WPIQRP+#H*
'L@JK@!)0#+D(!A'E)72(+'#(,) 2)#+'0# /)10(-*0

 34 * (. 9*.2   #, 3%.  * + 3   7,%.  * RPPSB -. + 4 .2.*/#%+ ,4 


%34%,4.  *.3 ,4 2%.2 3E  2</,   34  9*.2 0.2& :0*%23 B .+. ; 3  $ $ $.
,4 2%.2+ ,4 .,**4 2%/, .42.302+ 42.3 3 +%3+.-.E

QYR 
 

 +0 2472:E #, 3%.J#K ,#. +:E ,#. +&,E 02 %0%4%., 3


º 
!)0#+D(!A'E /#-#1#+)0
((A#
QSP TP
QRP SU
QQP SP
QPP RU
YP RP
XP QU
WP QP
VP U
UP P
Q R S T U V W X Y QP QQ QR QS QT QU QV QW QX QY RP RQ RR RS RT RU RV RW RX RY SP
$0D&2)#+JHILE
#!2/L@JJ@'#,)!)0#+B/#-#1#+)0B(-/12/> 2)#+JHIL@#)D)5+0L@J6L@KE

.3 2 37*4.3 .3 29.3 +7 342, *.3 +%3+.3 042., 3 17  $, 3%.
.+ ,4.3 ,4 2%.2+ ,4  02 * *%.E 2 *.3 -.3 RPPS ; RPQT 3  2 #%3422.,
9*.2 3"7 2 *2,#.E2</,0.2&3 2+ 4 .2.*/#%E

.32 37*4.3+7 342,7,9 <+3 * " 4. **%+3.2 *.302+ 42.3 


*% 7,<7+. *%+/,E3&07 3B 307!3 7,**79%B*.3,%9 * 3 2  ,0.2
* 20% 3.2%/,   #7 ;B  +3B 3  .3 29 7, *%# 2. %,2 + ,4.   *3
., ,42%., 3 02* *+ ,4   * 4 +0 2472 $34 ,%9 * 3  ,42.  * 2,#.  
2 " 2 ,%  027+. %+/,E

L@J@M@K@ +10#+

3 * +%, 2* +;.2%42%. , * <7+.   *%+/,E  ., ,42%/,   0.43%.
7 ,4.,7,VPIWP\ *4.4* *.34%., 3 *3 ,%<3 ,*.3*%+., 3B; 3+7;
02.* 17 *.3%424.3 34!,02 3 ,4 3 , *<7+..+.%424.30.43%.3E

3 7, +2.,742% ,4    9%4* %+0.24,% , * *%+ ,4%/,   *3 0*,43BE
7 # 7, 00 * 2 #7*4.2%. . 4*&4%.B ; 3 %+0.24,4  02 * .,42.*   *
$%24%/, *.34 (%.3E

 " 24%22%#%/, ., 0.43%. .4% ,  +7; 7 ,.3 2 37*4.3 , 7,4. 
2 %+% ,4. ; *% , *%+., 3 J+* 4., ; ., 3B QYVXKE 23 * :0 2%+ ,4. .,
.34%0.3 " 24%*%<,4 3B7,.2%. ,0.43%.;.42.,.2%.B3  +.342/17  ,*.3
QYS 
 

2.* 3424.3.," 24%*%<,4 32%.3 ,0.43%.B3 .4 ,&,"274.3.,7,0% *+3


"%,B2 %/ *0.2 ,4(  <7+.B*% <;*,4% %.3/2%. ,7+.E
.39*.2 3 347%.33 2 "* (, ,*"%#72TERSE

RPPRIRPPS
2(+#/1+
RPPSIRPPT
RPPTIRPPU
RPPP
QWUP
.43%.J+#HK

QUPP
QRUP
QPPP
WUP
UPP
RUP
P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@JK@+10#+D(!A'E)72(+'#(,)#/1+'0# /)10(-*0@)5+L@IM

 .3 2 37*4.3 .4 ,%.3 , * +0- RPPTHPU %"% 2 , *%# 2+ ,4    *3
.3 +0-3 ,4 2%.2 3 02 3 ,4,. 9*.2 3 +3 *4.3E * 0.43%. .+0%4  ., *.3
4%., 3   *%. 0.2 *.3 *7#2 3   %,4 2+%. 4%/,%.  * 37 *. 0 2. ,. 3 
,7 ,42B  02%.2%B 7, 2</, *2 02 %$ 92%%/, ,42  +0-3E 
., ,42%/, 0.43%. 342 *%.,.,*  ,%<3E,42 <7+.302.  ,4 3
  0&3 3 %34%,4.3 ,. 3  $, .3 29. %" 2 ,%3 , 37 ., ,42%/,E . 3  $,
,.,42. 9*.2 3 0.2 ,%+  * *&+%4  370 2%.2  * 2,#. ;B 3/*.B *#7,.3 <7+.3
%4*%,.3 3  $, 3%47. 0.2  (.  * *&+%4  %," 2%.2  * 2,#. J KE  2</,
*%+4% 0.2& 4 , 2 7, " 4. , %$ %" 2 ,%E . .34,4 B *.3 4.3   *
+0-RPPTHPU.22 30., ,4.3 ,42. *2,#.QQPPIRPPP+#H*B+% ,423
17  *3 .3 +0-3 ,4 2%.2 3 +7 342, 2 37*4.3 0.2  (. . +7;  2  *
*&+%4  %," 2%.2E 3 *3 TERT ; TERU ; * %#72 TERTB ,.3 , 4.3 + 4 .2.*/#%.3
2 *%.,.3.,*.39*.2 3 .43%. , *7+. %+/, 30-.*E
 
QQI(7,

QRI(7,

QXI(7,

QYI(7,

RPI(7,

RSI(7,

RTI(7,

RUI(7,

RVI(7,

RWI(7,

SPI(7,
TI(7,



 




QYT 
 

.43%.
QRTX QRQQ QSWR QQUR QQUT QQRW QRWU QRRT QTPP QSSP QRPX QRVX QTPP QQRW QRTW XW
J+#H*K
'L@JL@+10#+D(!A'E)72(+'#(,) 2)#+JHIL@D)5+0L@J6L@KE

7,%.   % 


JHHK QQRSBQ QXQBT
JHHL XVXBQQ QRUBUT
JHHM QTUTBT QYVBRU
JHIL QRTWBTR XVBVT
 )!+ QQPPIRPPP+#H*
'L@J@+10#+D(!A'E)72(+'#(,) 2)#+'0# /)10(-*0@

 +0 2472:E 02 %0%4%., 3 .43%.JK 2,#.(.&42%. 2,#.*4.&42%.


/#-#1#+)0D((A#E
 +10#+(!A'
8)8
TP QVPP

SU QTPP
SP QRPP
RU QPPP
RP XPP
QU VPP
QP TPP
U RPP
P P
Q R S T U V W X Y QP QQ QR QS QT QU QV QW QX QY RP RQ RR RS RT RU RV RW RX RY SP
$0D&2)#+JHILE


#!2/L@JL@'#,)+10#+B/#-#1#+)0B(-/12/> 2)#+JHIL@#)
D)5+0L@J6L@KE

L@J@M@L@ +#+

*3.%. 3B.+. *0.43%.B7,+2.,742% ,4  3 ,%*02 * 322.**. *.3


02. 3.3 + 4/*%.3E  ,4%   3.%. *+ , , *.3 *%+., 3 3
2 *4%9+ ,4 (E"%#72TERUB+7 342*.32 37*4.3.4 ,%. 3 *+0-
RPPRHPS$34RPPTHPUE

QYU 
 

,*+0-RPPSIRPPTB*.39*.2 3 .%.3.,+;.2 317 02*3.423


.3+0-3E3492%%/,07    23 *"*4 02 %0%4%., 372,4  3 
0 2%..E%$.39*.2 33.,2 *+ ,4 *4.3; 34,+7;0.2 ,%+ *.3+%4%.3
0.2*#7&027+. %+/,  "%(. ,7,+:%+. SP+#H*E*.2 30.2
,%+   SP +#H %,%, 7, 02. 3. %, 7. . 424+% ,4.3 %,+%3%* 3E
 %.*4 ,.*.#& 02. 3.73.3 ,* :42%/, * %4  *.24 <B *
.,4 ,%. ,3.%.07   * 923 $34*.3TP+#HE

RPPRIRPPS
2(+#/1+
RPPSIRPPT
RPPTIRPPU
RPP
QWU
QUP
.%.J+#HK

QRU
QPP
WU
UP
RU
P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@JM@+#+D(!A'E)72(+'#(,)#/1+'0(-*0012#0@)5+L@IN@

3 29,.*4*TERV9 +.3*.39*.2 3 .%..4 ,%.3 ,RPQTB; ,*4*


TERWB*.+024%9 *.39*.2 3+ %.3 ,*3%" 2 ,4 3+0-3 347%3D
 
QQI(7,

QRI(7,

QXI(7,

QYI(7,

RPI(7,

RSI(7,

RTI(7,

RUI(7,

RVI(7,

RWI(7,

SPI(7,
TI(7,



 




.%. QPBP YBX XBX SBT XBX UBX SBT VBS QPBQ SBP UBP SBV QPBQ SBP VBU RBX
J+#H*K
'L@JN@+#+D(!A'E)72(+'#(,) 2)#+JHIL@D)5+0L@J6L@KE

7,%.   % 


JHHK QQBQS SBR

QYV 
 

JHHL STBRY VBRX


JHHM SUBVU RWBVU
JHIL VBUP RBXT
 )!+ :ESP+#H*
'L@JO@+#+D(!A'E)72(+'#(,) 2)#+'0# /)10(-*0@

.3%., 3]B*I;SIB %.37+ ,.2%,4 2%/,., *37 *.;37*4


3.*7%*%B 4% , ,  *%:%9%23  ., +;.2 "%*%B 0.2 34 2</, *3 +;.2 3
., ,42%., 33 02 3 ,4, ,*.3*&+%4 3 *7*.$8+ .J 33.I$9 22& 4*B
RPPQKE3402.0% 0.2& :0*%20.217!*.32 37*4.3 RPPSHPT;RPPTHPUB
3.,+;.2 3RPPRHPS;RPQTE302 %0%4%., 3 ,RPPS; ,RPQT"7 2.,%," 2%.2 3
*.3.42.3-.3E*]3 07.7+7*2 ,*302  3 *7*.$8+ .3%,17 7,
02 %0%4%/,*.39.*9% 3 %*7%2 ,*<.,2%7*2E34 " ,/+ ,..722 + ,7.
,"%,3.,2% #.*.*%<.B $&*2 .+ ,%/, 27,2% #.0.34I**79%B"%,
  9.*9 2*02  *7*.B*33* 3+33.*7* 3J%#72TERVEK

#!2/ L@KN@ #12#,) 2'+ "3(+ )10 D 7.2#/E 6 &201+ 0-20  2) ''24#
D/"ED 00+B"4//$1'>JHHIE@

,*"%#72TERWB0. +.39 2*3.,%%., 3+ 4 .2.*/#%3 *+ 3  7,%. RPQT;*.3


9*.2 3 .%..4 ,%.3 ,7+. %+/, *"%, %+., 3 *D

QYW 
 


 +0 2472:E 02 %0%4%., 3 .%.JK 2,#.(.&42%. 2,#.*4.&42%.
/#-#1#+)0D((A#E +#+(!A'
 8
QT TP 
QR SU

QP SP
RU
X
RP
V
QU
T QP
R U
P P
Q R S T U V W X Y QP QQ QR QS QT QU QV QW QX QY RP RQ RR RS RT RU RV RW RX RY SP
$0D&2)#+JHILE
#!2/L@JO@'#,)+#+B/#-#1#+)0B(-/12/> 2)#+JHIL@#)D)5+0L@J6L@KE

L@J@M@M@ ,0 +/+1+1'

* .,4 ,%.   ".3".2. 4.4* , * 37 *. #72 7, 0 17 - 2 *%/, ., *
".3".2.%30.,%* 02 *2 %+% ,4. *0*,4E*"/3".2.3  ,7 ,42 , *37 *.
, %9 233 ".2+3 17&+%3B * +;.2& *. ,.,42+.3 .+. %,3.*7* B 0.2 *. 17 B
  +.3 0.242 37"%% ,4  ".3"4. 3.*7*  02 * 2 %+% ,4. ; +72%/,   *3
0*,43;"274.3E,4%4.4*02 3 ,4  , *37 *. ".3"4.3.*7*  ,#7 3
3%3% +02 %," 2%.2*,4%.,37+%72,4  *2 %+% ,4. *"274.E.2 3.B
, * 02.#2+   " 24%22%#%/, 3% +02  3  .,3% 2 7, 370* + ,4.   "/3".2.
J, :.TERTEKE

 %+0.24,%  * "/3".2. 2% , 37 " 4. 3.2  * *%  * "274.E 3
 "%% ,%3   "/3".2. 3  +,%"% 34, , *  322.**.   "274.3 *2#.3B ., .24 <3
#27 33;., ,42.3$7 .3J+* 4., 4*EBQYURKE

,*"%#72TERXB3 .3 29,*.39*.2 3 .3"4.3 ,*3S+0-3  347%.E

QYX 
 

2(+#/1+ RPPRIRPPS
RPPSIRPPT
RPPTIRPPU
RUPBPP
,0 +/+1+1'D(!AE
RPPBPP

QUPBPP

QPPBPP

UPBPP

PBPP
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


 $#(  !

  





$"'!
 *4.4*02<7+. *%+/, 30-.*3 3%48 ,42. *2,#."%(.0.2 
J.2 ,4  4*EBRPQTKB3 .3 29,%22 #7*2% 33%+%*2 3*3 4 43.,.42.3
02+ 42.3 02 * +0- RPPRHPSE * "/3".2. 4.4* , %$ +0- 02 3 ,4
9*.2 3 +3 * 9.3 17  * 2 34.   +0-3E  4* TERX +7 342 9*.2 3   
4.4*  7,%. RPQT ,7+. %+/,%2 4..4 ,%. %+., 3B"%,EE
''#

'(#

'.#

'/#

(&#

()#

(*#

(+#

(,#

(-#

)&#
*#

 


 






  '(' '(, '(, ''( .- /, '&* /* ''( ''( '', /, '(, .- '&/ ')
$"%
'L@JP@,0 +/+1+1'D(!A'E)72(+'#(,) 2)#+JHIL@D)5+0L@J6L@KE

7,%.   % 


JHHK QSTBRW WBSU
JHHL QPRBQY QQBWQ
JHHM YXBUV RQBUW
JHIL QPYBPP QSBPR
 )!+ XPIQUP+#H*
'L@JQ@,0 +/+1+1'D(!A'E)72(+'#(,)> 2)#+'0# /)10(-*0

QYY 
 

4*TERY."2  *.39*.2 3   7,%. 4.3*3+0-3,*%<3E

, * "%#72 TERYB  07   9 23  * %342%7%/,   *.3 9*.2 3   /3".2. , *.3
%" 2 ,4 3&3  7,%.;372 *%/,.,*3.,%%., 3*%+4%3E

 +0 2472:E 02 %0%4%., 3 .3".2.JK 2,#.(.&42%.


/#-#1#+)0D((A ,0 +/+(!A'
#E 
8
 TP QUP
SU QSP
SP QQP
RU YP
RP WP
QU UP
QP SP
U QP
P IQP
Q R S T U V W X Y QP QQ QR QS QT QU QV QW QX QY RP RQ RR RS RT RU RV RW RX RY SP
$0D&2)#+JHILE

#!2/L@JQ@'#,))1/,0 +/+B/#-#1#+)0B(-/12/> 2)#+JHIL@#)D)5+0L@J6L@KE

.39*.2 3+3*4.33  ,7 ,42, ,*3+0-3.,%,% ,%3


*%+4%34* 3.+.3 17&; * 934 +0 24723RPPS;RPQTE

L@J@M@N@ 2' 1+0

3., ,42%., 3 37*"4.3 ,<7+.3&42%.3,.3., * 93E 0 , , ,


#2, + %   *3 024%3 #2.,/+%3E
; 17  4 , 2 , 7 ,4 *3 024%3
#2.,/+%30*%3B;17 07  3 27,"4.2%+0.24,4  , *.,4 ,%."%,*E

,*"%#72TESPB3 +7 342,*.39*.2 3 7*"4.3.4 ,%.3 ,7+.%2 4. *3


42 3+0-3  34  347%.E

 4* TESP  +7 342 *.3 9*.2 3   7*"4.3 , %" 2 ,4 3 &3   7,%.  
RPQT; ,*4*TESQ0. +.39 2.+024%93 *.39*.2 3+ %.3 7*"4.3
, 7,%. 4.3*3+0-3  347%.;RPQTE

RPP 
 

RPPRIRPPS
2(+#/1+
RPPSIRPPT
RPPTIRPPU
QPP

7*"4.3J+#HK XP

VP

TP

RP

P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@KH@2' 1+0D(!A'E2(+'#(,)#/1+'0# /)10(-*0@)5+L@IP@

 
QQI(7,

QRI(7,

QXI(7,

QYI(7,

RPI(7,

RSI(7,

RTI(7,

RUI(7,

RVI(7,

RWI(7,

SPI(7,
TI(7,



 


7*"4.3
T RUBQ RWBQ RSBV RQBR EE RPBY EE RSBV EE RPBY RPBU EE RWBQ RPBU RRBY RBT
J+#H*K
'L@KH@2' 1+0D(!A'E)72(+'#(,) 2)#+JHIL@D)5+0L@J6L@KE

7,%.   % 


JHHK RWBYR QBSS
JHHL RTBSR QBXP
JHHM SYBPP RBVP
JHIL RRBXV RBSY
 )!+ :EQPP+#H*
'L@KI@2' 1+0D(!A'E)72(+'#(,)> 2)#+'0# /)10(-*0@

. 3  .3 29, 2 37*4.3 "7 2   * ,.2+*% ,% ,%,#8, 042/, 17  07 
3 22 *%.,..,*#8," ,/+ ,.+ 4 .2.*/#%.E

RPQ 
 

$#& )#70

*.,4 ,%. , ,%<392& ,37.+0.3%%/,;0.2 ,4( 3 #8,*024  *


"274. 17  3  ,*%  J%23**  !  QYVQKE , * 024  .+ 34%*   * %+/,B *
.,4 ,%. ,  ,%<3 3 024%+ ,4  %#7* 17  , * <7+. *. 17  3%#,%"% 17  *
#2,+;.2& *.3.,34%47; ,4 3+%, 2* 3 *0.2%/,.+ 34%*  **%+/, 34,
, *7+.E

.3 2 37*4.3    ,%<3 02 *3 +0-3 RPPRHPSB RPPSHPT ; RPPTHPU


07  ,9 23  ,*%#72TESQE

RPPRIRPPS
2(+#/1+
RPPSIRPPT
RPPTIRPPU
U
 ,%<3J#HK

T

S

R

Q

P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@KI@)#70D!A'E)72(+'#(,)#/1+'0# /)10(-*0@)5+L@IQ@

:%34  7, $.+.# , % , *.3 2 37*4.3 ,*&4%.3   *3 %" 2 ,4 3


+0-3E .3 02+ 42.3 3  ,7 ,42,  ,42.   *.3 2,#.3 RBSITBS #H* J KB
7,17  , +;.   RPPS 3  .3 29 7,  3 ,3.  * .,4 ,%.    ,%<3E 34 
 3 ,3. 07   3 2  %.  *.3 " ,/+ ,.3 *%+4.*/#%.3 %4.3 ,4 2%.2+ ,4  ;
17 " 42.,*+72%/,; *.22 4. 322.**. *.3"274.3E

 4* TESR  +7 342 *.3 9*.2 3    ,%<3 , %" 2 ,4 3 &3   7,%.  
RPQT; ,*4*TESS0. +.39 2.+024%93 *.39*.2 3+ %.3  ,%<3 ,
7,%. 4.3*3+0-3  347%.;RPQTE

RPR 
 

 
QQI(7,

QRI(7,

QXI(7,

QYI(7,

RPI(7,

RSI(7,

RTI(7,

RUI(7,

RVI(7,

RWI(7,

SPI(7,
TI(7,



 
 
 ,%<
PB
3 TBQ SBX TBT TBP SBS SBU TBR TBU SBS SBS SBP TBR TBU SBP SBX
U
J#H*K
'L@KJ@)#70D!A'E)72(+'#(,) 2)#+JHIL@D)5+0L@J6L@KE

7,%.   % 


JHHK QBYX PBSS
JHHL RBSU PBQY
JHHM RBXP PBRT
JHIL SBXP PBUP
 )!+ RBSITBS#H*
'L@KK@)#70D!A'E)72(+'#(,)>&2)#+'0# /)10(-*0@

.32 37*4.3+7 342, * " 4. 7,-.JRPPSK.,7,*%+4.*.#&,.04


02 7, .22 4 +72%/, J, :. % ;B 0.2 .42. *.B *.3 " 4.3   7, 3 17&
02.*.,# JRPQTK , * ., ,42%/, "%,*    ,%<3E  "%#72 TESRB +7 342 *.3
9*.2 3    ,%<3  * 7+.   %+/, %2 4. .4 ,%.   %+., 3   * "%,  
*%+., 3 *B , *+ 3  7,%. RPQTB.,*324 2&34%3*%+4%3E

 +0 2472:E  ,%<3 02 %0%4%., 3 2,#.(.&42%. 2,#.*4.&42%.


/#-#1#+)0D((A#E 8
)#70!AIHH! 
QT TP

QR SU

QP SP
RU
X
RP
V
QU
T QP
R U
P P
Q R S T U V W X Y QP QQ QR QS QT QU QV QW QX QY RP RQ RR RS RT RU RV RW RX RY SP
 $0D&2)#+JHILE
 #!2/L@KJ@'#,))#70C'#(1+'+!$> 2)#+JHIL@#)@)5+0L@K6L@K

RPS 
 

$#' 1#)0+'2'

 0 4%, 3.*7*  34 ".2+ 0.2 3734,%3 0!4%3 17  34, .+07 343
02%,%0*+ ,4  0.2 7, %. 0.*%#*472/,%.B 7; 7,% 3% 3 * %.
#*472/,%.E , * ,472* < * %. #*472/,%. 3  ,7 ,42 3.%. .,
<82 3B#*4.3.2%,.3E.39*.2 3 0 4%,3.*7*  ,#7+3*4.3*.3
,.,42+.3 ,<7+.3%,7342%* 3;2 .,34%47%.3024%2 ., ,42.3E.3+3
(.33., <7+.%2 4.2 %!, :02%+%.E

 .3 9*.2 3   0 4%, 3.*7*  , 7+.   %+/, %2 4. .4 ,%.3 , *3
+0-3RPPRHPSBRPPSHPT;RPPTHPU"7 2.,D

RPPRIRPPS
2(+#/1+
RPPSIRPPT
RPPTIRPPU
VPP
 5,3.*7* J+#HK

UPP

TPP

SPP

RPP

QPP

P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@KK@1#)00+'2'0D(!A'E)72(+'#(,)#/1+'0# /)10(-*0@
)5+L@JH@

.3 2 37*4.3 +7 342,B 7, 9 < +3B 2 37*4.3 17  %"% 2 ,  * 2 34. , *


-. RPPSB .,  3  02.7( 2., .,%%., 3 + 4 .2.*/#%3 %34%,43 ;  32%43
,4 2%.2+ ,4 E . .34,4 B 4..3 *.3 9*.2 3 ,*%<. 3  ,7 ,42,  ,42.  *
2,#. 2 " 2 ,% * 7&027+. %+/,  3%47. ,42 PIWPP+#H*
 0 4%,3.*7*  ,#7

RPT 
 

$#( '4+)+#0

.3"*9.,.% 33.,.+0., ,4 317 %,*7; ,"*9,.,3;#*%/3%.3E+;.2


., ,42%/, "*9.,.% 3*.3 ,.,42+.3 , ** . *"274E 2%.%42%,B
$ 30 2%%,;%.+ 4%,.,34%47; ,02.:%++ ,4  *YU\ *.,4 ,%.4.4* 
"*9.,.% 302 3 ,4 3 , *<7+. *%+/,"%,.J .,<* <I.*%,! RPPXKE

* * "%#72 TESTE 0. +.3 9 2 *.3 9*.2 3   *9.,.% 3B :02 3.3 .+.

30 2%%,B *7+. %+/,%2 4. *3+0-3RPPRHPSCRPPSHPT;RPPTHPUE

RPPRIRPPS
2(+#/1+
RPPSIRPPT
RPPTIRPPU
XPP

30 2%%,J+#HK

WPP
VPP
UPP
TPP
SPP
RPP
QPP
P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@KL@
0-/##)D(!A'E)72(+'#(,)#/1+'0# /)10(-*0@)5+
L@JI

.3 2 37*4.3 +7 342, 9*.2 3   $ 30 2%%, 02 <7+.   %+/, 30-.*


,42 RUP;TPP+#H*E02.  ,% 37,"4.2%+0.24,4 17 " 4*.,4 ,%.
"%,* $ 30 2%%,E3&B ,<7+.3 *%".2,%3  ,7 ,42,9*.2 3+ %.3 QYW
+#H;B ,<7+.02.  ,4  $%,BRSW+#HJ ..%*.4*,4".2%4273E $
2 0.243KE

 * TEST ,.3 +7 342 *.3 9*.2 3 + %.3  


30 2%%, 7,%.   *3
+0-3RPPRHPSCRPPSHPT;RPPTHPUE

RPU 
 

7,%.   % 


JHHK RUWBPP RXBRR

JHHL SYQBUP RWBUR

JHHM SSYBWP VRBSP


:EQUPP+#H*J"*9.,.% 3
 )!+ 4.4* 3K


'L@KL@
0-/##)D(!A'E)72(+'#(,)>(00&2)#+'0# /)10(-*0

 .3 29,7,.39*.2 3(.3 $ 30 2%%,02RPPSE 0.2&37# 2%217 


7,+72%/,%22 #7*2" 4*.,4 ,%. $ 30 2%%, ,<7+.E

L@J@P@
#/+5#(1#' 2/ 2/'D
E


%2.:%+ 4%*"72"72*J
K ,<7+.3 "2743B 37,%,%.2 *%,4 ,3%
 * 424+% ,4. 4!2+%. J%,3+.2  ; #;B QYWRKE *.2 3 * 9.3 370., , 17  *
424+% ,4. 4!2+%. $ " 4.  * *% .2#,.*!04%  * 02.74. ; 3  $
 3427%.*#7,3 3739%4+%,3J#; 4*EBQYWRC27*( 4*EBQYWSKE

%#72TESUE+7 342*.32 37*4.3.4 ,%. ,*+0-RPPRHRPPSE

RPPRIRPPS
2(+#/1+
RPPSIRPPT
RPPTIRPPU
X

%2.:%+ 5*"72"72*J+#HK

W
V
U
T
S
R
Q
P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@KM@
D(!A'E)72(+'#(,)#/1+2/)1'(-*JHHJAHK@)5+L@JJ@

RPV 
 

*%30., 2 4.3 7,8,%+0-B,.3 07  ,.+0222 37*4.3


"%,   ,4 , 2 * 0.3%*  " 4.   *3 .,%%., 3 *%+4%3 3.2  * .,4 ,%. ,

E..34,4 B*3 2<7+.%2 4.B 34 02+ 42.,. 33%#,%"%4%9.E

$#) 1/(#)#,) )# +/(+'

:%34 ,%" 2 ,4 3".2+3 ,*317  *%42/# ,.3  ,7 ,42 ,*.3<7+.3 


*%+/,E   07   ,.,422 .+. ,%424.3B .+07 34.3   +.,%. ; +%,.%.3E 3
 +3B7,%,%.2 *,4% +%,.%.317 4 ,2,7 342.<7+.E

,*.3<7+.302. 3.3 ,30-B*.34.3 *38*4%+3+0-32 "* (,


7,.3 9*.2 3 .+02 ,%.3 ,42  *.3 QXIQY J+*3 
 PEQ  H QPP +*3 7+.3K  *.3
2 #%342.3 ,7, 347%.3%+%*2 , 32 *JRPKE

* * "%#72 TESVE 0. +.3 9 2 *.3 9*.2 3  * ,%    .2+.*  * 7+.  
%+/,%2 4. *3+0-3RPPRHPSCRPPSHPT;RPPTHPUE

2(+#/1+ RPPRIRPPS

RPPSIRPPT
,%  ".2+.*J+
HQPP+K

RPPTIRPPU
TP

SP

RP

QP

P
)/+ //+ /7+ /#' 6+ 2)#+ 2'#+


#!2/L@KN@ )# +/(+')72(+'#(,)#/1+'0# /)10(-*0@)5+


L@JKE

.3 2 37*4.3 .4 ,%.3 ,. +7 342, %" 2 ,%3 3%#,%"%4%93 ,42  *3
%" 2 ,4 3+0-3E

#020#,)02'1+0
RPW 
 

% .+02+.3 *.3 9*.2 3 ,*&4%.3 .4 ,%.3 ., *.3 9*.2 3 2 .#%.3 , *
7&    " 2 ,% 02 7+.   %+/,     9 +.3 3 2%3 %32 0,%3 ,
%9 23.302+ 42.3E,*#7,.33.32%*+ ,4 %" 2 ,4 317 ,.3$ ,0 ,32
, * 30 %"%%  * %+/, 30-.*B 7*4%9. , 7,3 .,%%., 3 *%+4.*/#%3
 4 2+%,3B ., %,9% 2,.3 4 +0*.3 ; 9 2,.3 *%.3B $% ,.  +3 #2, 3
%" 2 ,%3 4 +0 2472 *,.$ *&E34.302+ 42.3B0.2372 0 4%4%9%;
%" 2 ,%.,02+ 42.3 .42.37+.3 %+/, %" 2 ,4 02.  ,%  ,
.,3% 223  ; 9*.223  34 30 %"%% J4. .,4 ,%. , %4+%, B *%.B
/3".2.BE 3.&42%.B 4KE

7,.3 .+02,*.39*.2 3,*&4%.3 *7+. %+/, 30-.* *342 3


+0-3  347%.9 +.3%" 2 ,%3*23 ,42  **3B17 07  ,3 2(734%"%
0.2*3.,%%., 3*%+4%3%" 2 ,4 3.3 293E392%%., 3+3 :42 +33 
02.7 , , *-.RPPS17 479.7,3.,%%., 3*%+4%3+7;%34%,43B.,7,
9 2,. +7; *72.3. ; ., 7, %" 2 ,%   4 +0 2472 .$  H & ,. +7;
73B +3 02.0%   *%+3 42.0%* 3 17   * *%+  %4 22, . 02.0%.E  +.3
07 3 17  * *%+ 4% ,  7, %,% ,% %2 4 ; +7; 30 &"% , *  322.**. ;
+72%/, *"274.17 *7 #.%,%%2 ,*324 2&34%3 *7+.E

7,. *.3 9*.2 3 ,*&4%.3  * 7+.   %+/, 30-.*   *3 42 3 +0-3


  347%.3 .+02,.,+7 342307,47* 34.+3QP-.3+342 B 7+.
  %+/,   * +%3+ 92%  ; .2%# ,B 3  9  17  *.3 9*.2 3 ,*&4%.3 3.,
.+02* 3E 3 29+.3  +3  17  *3 24 2&34%3 *%+4%3 30 &"%3  
343+7 3423 34,+7;%,"*7 ,%0.2*392%%., 3*%+4%307,47* 3E

L@K@+)'20#+)0
)2)1+'/1/#7#,)'2(+3 07   %217 .+..,3 7 ,% *
+72 < %, 7  * %+/, 02.7%. , .,%%., 3 *%+4%3 4&0%3B ,.
02.0%3  * *%+  %4 22, .B *3 92%%., 3 .3 293 , *.3 02+ 42.3
,*&4%.3 * 7&  " 2 ,%  027+. %+/, 30-.*3.,D




RPX 
 

E * .,4 ,%. , 3/*%.3 3.*7* 3 92& ,.2+ + ,4  J-. RPPSKB


.+02..,*.39*.2 3.3 29.3 ,7+.3 +0-3 *%+
 %4 22, .4&0%.E

E * .,4 ,%. , %. 3/2%. %3+%,7;  , .+02%/, ., *  *


7+. %+/,02.7%. ,+0-3 *%+ %4 22, .4&0%.E




E , 0 2%..3 .,  * *%+4.*.#& $ 34. .+%, 0.2 ,.$ 3
42.0%* 3B 02+ 42.3 .+. * %. &42%.B % < 9*.2* B %.
3/2%.B +*%.B *%.B +#, 3%.B 0.43%.B  ,%<3 ; * +;.2&  
+%,.%.33 +7 3420.2 (. *.+7; 2,.3**&+%4 %," 2%.2
 *+&,%+. 34* %. ,* 7& 2 " 2 ,%E

E , 0 2%..3 *%+4%.3 ., 4% +0. 02.*.,#.   3 17&B 02+ 42.3


.+. "274.3B 32.3B *%. . * 3.%.B 07  , +.3422 9*.2 3
%," 2%.2 3*.32,#.3 2 " 2 ,%E

E ,*#7,.33.3B42337"2%2*2#.30 2%..3 3 17&*%+4.*/#%B*.3


3%#7% ,4 3 02+ 42.3 3  +7 342, 0.2 ,%+ . +7;  2   *.3
*&+%4 3370 2%.2 3 *.32,#.3 2 " 2 ,%D *24%.&42%.H 3.&42%.B
%.&42%.; ,%<3E

)/ /)#''#)21/##+)'0+)'26.2?,<7+.3 *%+/, 30-.*


02.  ,4 3 "27402.7% ,0 2%..3 +%.3*%+4%.34&0%.3B**%
,742%%.,*   34.3 7+.3 3  9  " 4 *2+ ,4  0.2 343  .,%%., 3
*%+4%3E+/1)1+0-2#/.2'04/##+)0'#(1#0 1)''#
' /21+6+(++)02)#'2(+@

RPY 
 

RQP 


CAPÍTULOV


 

%)*#4)#'(&*!*.!!#(%' )'#(##'/* #
 $!(%"#6
 6 47*' 47

A4=4 !)'#*$!

 )-)-124+131%23$$*/-13+3)-2)$*+3-28+/13$4)1)-2
94*-2?/+)3$/-!14343$)$9>61$=*419=-+$$-+24)3$6-
8 3*$ +  )2 -+$$-+2  /1-2- 8 ) 3$/-  /1-43- !$+) -*- )
-+3+$-+/4)/23=3? 31*$+$.+-'3$6)-)-1)94*-/1*$3
)-11 /1-43-2 *2  23+12= 2$*/1 3+$+- + 4+3 ) !143? +
/1-43-2  *1-= )2 *9)2  94*-  $6122 61$2 2 1)$9+ /1
/1-4$194*-2*223+1$9-2+242131%23$2=$+)4$-)-)-1?

) -)-1  )-2 94*-2 %31$-2 61% 2"5+ ) 2/$ 8 ) 61$  ) !143? )
313$6- -)-1 731+-  )-2 !143-2 %31$-2 2  !4+*+3)*+3  )-2
1-3+-$2 /12+32 + ) -139? -2 /1$+$/)2 1-3+-$2 12/-+2)2 )
-)-1 +1+'  )-2 94*-2 2-+ ) αA1-3+- 8 βA1-3+-= + ) -)-1 *1$))-
23+ ) 93 A +317$+ 8 ) 6$-)7+3$+= *$+312 04 ) -)-1 1-'-  )2
+1+'22+"4$+22)/12+$)2+3-$+$+2?

$23.1$*+3 ) -)-1 ) 94*- 2 *% -+ 2)2 -*/13$62 -*- )-2
23+12B C)B
*"+M?IC=43$)$9-2#23)-2,-2QH)2$")-+31$-1=
/1 !$+$1 ) -)-1 ) 4*-  +1+'? 34)*+3 2 *$ 2$ 7)42$6*+3
-+ -)-1%*31-2 31$A23%*4)-  1!)7$.+= #8 3*$ + 1!1+$2 ) 42- 
2/31-!-3.*31-2 /1 *$1 )2 131%23$2  1!)3+$ ) 94*- 8 )
-++31-+1+'"   !$+'&$+''    $+((  
$+)%#!



 !A4=4 '!##'%'* #


'!


  31+21!)3-*31% 2 4+ 3 +$ 53$) /1 )


*$$!1+$2-)-1+/1-43-231+2)5$-2=4+04+-23)1*+3

JIH 
 

23)$ ) -+6+$+$  24 42- /1 !$+$1 ) )$  -)-1 B22 8
))3=IQPPC?

341$92/13)2/3-6$24))94*-?23-+2$1-*-/1-/$)
)$*+3-= 124)3-  )"4+2  )2 31+2!-1*$-+2  ) )49 ) 31621 )
/1-43-?/+)-*/-13*$+3-))49)31621)94*-=8)+3$
8131%23$2)2/13%4)2242/+$2?2%/42=2/4/+21+6)41)
341$9 *$+3 ) 234$- ) -*/-13*$+3-  ) )49  316 2  )2 *42312=
43$)$9+-)23 +$231+21!)3-*31%8/)$+-)3-1%)/-)-1
 4)(A4+(B 43)?=IQNKC)+)$2$2)-2124)3-2B228))3=IQPPC?

),#%'(!)%)*#

+)/12+3/$34)-2-11)234$-)-)-1)94*-)$*.+2/,-)=+
!4+$.+  $!1+32 !3-12 04 /4+ !31) -*- ) -+3+$-  /4)/= )
6)-1 ) :1$7= ) $9 8 ) !3-  ) /231$9$.+ - -++31$.+? -- ))-
43$)$9+-)04$/--)-1)7 4+31?

/13+-3+11$31$-2$+3%!$-2041)$-++31*$+-2/1*31-2
!$+$$.+ ) 4*-  $*.+ 2/,-) -+ )-2 /1*31-2  -)-1 8 3+1 2% 4+
#11*$+3 04 /1*$3 *$1 23  $+31/131 )-2 6)-12 -3+$-2? *2 
11 4+ 1!1+$= $+7$23+3 #23 ) *-*+3-= ) -)-1 ) 4*-  )$*.+
2/,-) 8 1$31$-2 /1 /-1 *$1 23= 2$ !42 +21$-= + ) /1-2- 
/1-4$.+=-1-+)*+)*1-?-1))-)-2/1*31-2234$1+
)/12+3/%34)-2-+>

• 1*31-2  

JII 
 

• * 3 6)-1  # 2 ) +"4)- ) 3-+-= 8 2 7/12 + "1-2 04 6+  H:
B$+)42$6C  KNH: B7)4$-C$+$ ) $+3+2$  ) *$? -2 3-+-2
-112/-+$+32  )-2 $23$+3-2 +"4)-2  *3$9 - 3-+- 2-+
/1-7$**+3>

• 
• 3'# 2)2+2$.+1-*3$=))$*/$9)*4231?2)H
NH4+3-*2'-)6)-1*224$231)*4231?+94*-)$*.+
-241--/1-3+14+6)-1'-82$24+61)$*/$-216)-1)3-?

A4>4 (*)#(.(*($!
A4>4=4 !*!%#'!)%*%!##')'() *#/* # $!

1-1123/13-2+21$-12)31)$*/-13+$)3$/-/4)/04
2/4+-+311+)-294*-2/1-2-2?+232+3$-2$23$+"4+31 *%
#)!)04-*/1+)262%4)2)!143=))+2-+-94*-=-3+$2+)
/1-2-731$.+=2$+!$)31$.+/-231$-18 *%%'%)30421$)/4)/
1*++3312)/1-2-!$)31-)94*-04/1-/-1$-+)341$98-)-1)
*$2*-?46)-161%-+)$*+2$.+)!$)31-43$)$9-?-1))-/131*$+1)
$+!)4+$)/-1+3'/4)/+)-)-1)94*-21)$9)31*$+$.+)
-)-12-14*-2$+!$)311BC=$)31-LH*2#BLHC8NH*2#BNHC?

A4>4=4=4!*!%#'!)%*%(#' 33/* # $!(%"#

) -+3+$- + 4)/ ) 4*-  $*.+= /+  )2 131%23$2  ) !143
/1-28)3+-)-"%/1-2-B3$/-731$.+8$)31-C?+)94*-)$*.+
2/,-)=-*-2-216+)!$"41L=))4*$+-2$$2*$+482$"+$!$3$6*+3=
4+- $2*$+48 ) /4)/= $-  04 )2 /13%4)2  /4)/ 1!)'+ ) )49
$+$+3 -+ *8-1 $+3+2$ + 3--2 )-2 -)-12 ) 2/31- B 4""13 3 )?=
IQNMC?

JIJ 
 

*'A4=4 * !#(!/* #  $!3(+!H%*%6*!)'7

 !$"41 M?J *4231 ) 61$$.+ ) /1*31-  -)-1 3 23 4*+3
2$"+$!$3$6*+3 4+- $2*$+48 ) -+3+$- + /4)/ + ) 4*-  )$*.+
2/,-)? 23 61$$.+ /4 12  04 ) !$)311 ) 4*- )$*$+*-2
-*/-++32 612= *2 4++32 + ) /4)/ 8 2 /-++  *+$!$23- )-2
-*/-++32+1+'2*2/12+32+)94*-?

*'A4>4#'(%' )'###'!* #  $!(%"#3#!()!)#(H%*%

JIK 
 

-1-31-)-+)$"41M?K+)0421/12+3+)-26)-12*$-2+94*-
)$*.+2/,-)=2-21604)-*/-++324!14+$2*$+4$.+2$"+$!$3$6
4+-')/-1+3'/4)/=/-1)-042/1$4+-)-1*+-2*1$))-)
)$*$+1)/4)/?

*'A4?4#'(%!!#%#'!)%*%/* #(+!*!)'

A4>4=4>4!*!%#'!)%*%!%' )'#(*./* # $!

+94*-)$*.+!$)31-/12+34+4*+3-2$"+$!$3$6-)+"4)-#4=)-04
)4"194*-2-+*8-13-+-=2"5+-216+)!$"41M?L?

INTERVALOS LSD AL 95%

180

170
h* HUNTER

160

150

140

130
SF 40 60

PULPA

JIL 
 

*'A4@4#'(!*#*(+!%#'!)%*%3!* #  $!?

"5+ 2 -216 + )2 !$"41 M?M= ) 1-*  4+ 94*-  )$*.+ '  *+1
2$"+$!$3$64+-$2*$+48)/4)//12+3+2394*-?

*'A4A4#'(%'*!/* #  $!#!()!)#H%*%3*!)'

A4>4>4!*!#(9'-!##')'() *#/* # $!

A4>4>4=4!*!#(9'-!##' #! 33/* # $!

+ ) !$"41 M?N? 2 /4 /1$1 4+ 2+2- 2$"+$!$3$6- + ) /1*31-  )
)4*$+-2$  4+ 94*-  $*.+ 2/,-)= ) 4*+31 )-2 E1$7? 23- /4 21
$-04)4*+31)+2$8/-13+3-)%+$1!1$.+=4*+3+)-2
2.)$-28)#9)49/+31*281!)'*+-2=/1-4$ +-22%4+$2*$+4$.+
)/1*31- B 82132-+))C?

JIM 
 

*'A4B4 * !#(!##'*!/* #  $!3%!!#0'-

+ ) 2$"4$+3 !$"41 2 -216 04 ) -*/-++3  ) -)-1 + 94*-  )$*.+
2/,-)4*+32$"+$!$3$6*+3)4*+31)-2:1$7#23)6)-1BII?N:7C
3+$+-  23 !-1* 94*-2 -+  3-+)$2 *+-2 61-22 2"5+ 4*+3 )
*419)!143-?

*' A4C4 #'(  %' )'#   ##'3 ! *! /* #   $! (%"# #! ()!)#(
0'-

"5+2-216+)!$"41+31$-1)4*+31)-++31$.+B:1$7C=#23II?N=
)2 /13%4)2 2 *46+ *2 )+3*+3= $2*$+48+- ) $2/12$.+  ) )49 

JIN 
 

$+1*+3+- ) )-+"$34  -+  23 #$ 3-+)$2 *2 1-'$92 "

       $*++#!

$ 2 -216 ) $"41 M?P? 2 /1$ 04 ) -*/-++3  ) -)-1 $2*$+48 )
4*+31)-2:1$7)94*-)$*.+?)4*+31)+2$=)-2-*/-++32)
#9)4*$+-2-*8-1)-+"$34-++-/4+31621)4*-=2$+-))49
$2/12=1!)'+-)-+"$342-+*2-132B94)2C=2%( !*.B!3-
8+))8$2/12$.+8)$"#=IPQQC?

*'A4D4#'(# %#!!)##'3!*!/* #  $!(+!#(0'-

JIO 
 

A4>4>4>4!*!#(9'-!./* # $!

+ ) !$"41 M?Q 2 -216 ) -*/-++3 # ) -)-1 +- 61% 2$"+$!$3$6*+3 +
4*-2 $*.+-+$!1+326)-122.)$-22-)4)2?

*'A4E4 ' )'###'<3*!* #  $!(+!0-

-26)-12)-*/-++3B$"41M?IHC)-)-1$2*$+48+2$"+$!$3$6*+3)
4*+31 )-2 :1$7= + 4+ 94*-  )$*.+ 2/,-) 8 /4 12 ) !3-  )
$!42$.+? )49)-+"$34-+-132$!4+-+*8-1$+3+2$04))49
)-+"$34-+)1"=23-24/-+04)-2-*/-++32-+)1"21!)'+
*+-281!13+*204)-2-+-13=*2D/1-6$+BDJUDJCI@J?

*'A4=<4#'('# 3*!/* # $!(%"#()!)#(0'-

JIP 
 

A4>4?4!*!/6H7!##')'5() *#/* # $!

)61$1)$94+94*-%31$-=61%+)-22.)$-22-)4)28)+2$23
/-1 ))- + )2 2$"4$+32 "1!$2 2 6)41 ) $+!)4+$  ) *$2* 2-1 )-2
/1*31-2-)-1*21)6+32?

A4>4?4=4!*!/!#(# %#!!)(##' 33!/* # $!

)4*$+-2$)4*- $*.+2/,-)$2*$+48)4*+31))$923?
*8-1+2$=*+-2)491!)'8*21!13B 82132-+))C?

*'A4==4#'(# %#!!) ##'3/* # $!#!()!)/6H7

JIQ 
 

+ ) !$"41 M?IJ? 2 -216 ) 6-)4$.+ ) -*/-++3  ) -)-1 ) 94*- 
)$*.+ -+ ) $9 BT C= 4*+3 ) 4*+31 23? ) $+1*+3- ) %+$ 
1!1$.+ /1-6- 4+ 2/)9*$+3- *2 )+3-  )2 /13%4)2 4*+3+- )
+3$18-2)-+"$34-+)1"1!)'-2/13$1))49$+$+3B-)-1

INTERVALOS LSD AL 95%

-3,6

-3,64
a HUNTER

-3,68

-3,72

-3,76

-3,8
5.82 6.28 6.36 7.71 7.86 8.18 8.4 8.91

ACIDEZ

*21-'$9-C!

*'A4=>4#'(# %#!!)##'3/* # $!#!()!)/6H7

+ ) !$"41 M?IK= 2 /1$ 04 )-2 6)-12 ) /1*31-  -)-1  $2*$+48+
2$"+$!$3$6*+3)4*+31)$9)94*-)$*.+2/,-)=$"4)04-+)
/1*31- 3 ) 4*+31 ) +2$ 2 $!$4)3 ) 1!)7$.+  )-2 18-2  -+
)1"8!6-1+)-2-+-13B!3-8+))8$2/12$.+8)$"#=IPQQC?

JJH 
 

*'A4=?4#'(3(+!*!)'3%'*!/* # $!#!'!)/

A4>4?4>4!*!/!#(,#'(9./* # $!(%"#

+ ) 2$"4$+3 !$"41 2 -216 04 ) +"4)- #4 4*+3  *+1 2$"+$!$3$6
-+ ) $9= 8 4+04 /4 21 $-  ) 1!1$.+= 3*$ + 2 '423$!$ /-1 )
!.1*4)*3*3$041)$-+8B(--"823=IQOQC?

INTERVALOS LSD AL 95%

128

127,5
h* HUNTER

127

126,5

126

125,5

125
5.82 6.28 6.36 7.71 7.86 8.18 8.4 8.91

ACIDEZ

*'A4=@4#'(*6*!)'73%'/* # $!(%"#()!)/6H7

JJI 
 

!$"41M?IM?*42314+$2*$+4$.+2$"+$!$3$6+)6)-1)1-*=$*/)$+-
4+2+2-+)$+3+2$)-)-1)94*-)$*.+=)$+1*+312)$9?

INTERVALOS LSD AL 95%

8,7

8,5
C* HUNTER

8,3

8,1

7,9
5.82 6.28 6.36 7.71 7.86 8.18 8.4 8.91

ACIDEZ

*'A4=A4#'(3(+!*!)'3%'*!/* # $!#!()!)/6H7

23 $2*$+4$.+ /4 12  ) 1!1$.+ /1-4$ /-1 )-2 18-2  )49 04
$+$+2-1)*423194*-=69*2+2=!6-1$+-4+4*+3-)
1!1$.+ 8 4+ $2*$+4$.+  ) 1!)7$.+  )-2 18-2  )-+"$342  -+ *2
)1"046$'+*+-16)-$84+4*+3-+)-2-+-13042$!4++
-+ *8-1 $+3+2$ 2"5+   ? *2  2 4+ /1*31- 1)$-+-
*3*3$*+3-+)-2-*/-++328##'?

A4>4@4!*!'##!!)'$!!##')'() *#/* # $!


(%"#

)-++3114+4*-4*+3*-2)+$6)2.)$-22-)4)2B:1$7C8)+2$=
)$*$++- /13 ) "4  -+23$34$.+ 8 /1-6-+- ) /1*$+3- )
/1-43-?

A4>4@4=4!*!%'#(##!!)'$!!*()'!#(%' )'#( 33


/* # $!(%"#

4+- 4+ 94*-  )$*.+ 2 -++31-= ) )4*$+-2$ /+ ) "1- 
-++31$.+23=$-)!3-42-/-1)4*+3-)1!1$.+8)

JJJ 
 

+2$= 4+3- *2 -++31- 23  ) *$- *2 )49 21 1!13 8 *+-2
1!)'B 82132-+))C?

*' A4=B4 * !#(  /* #   $! (%"# (+! (* '#  #!!)'$!4
*!)'

 -*/-++3  ) 94*-  )$*.+ -++31-= 2"5+ 4+31= +- /12+3
$!1+$2 2$"+$!$3$62? 23 !3- /4 21 $-  )2 $23$+32 1!)7$-+2 -
1!1$-+2-+8)/1*$+3-)94*-B(--"823=IQOQC?

*'A4=C4#'(/* # $!(%"#(+!(*'##!!)'$!

JJK 
 

$"41M?IP?=*4231)-*/-++3##'0424!14+4*+3-2$"+$!$3$6-
-+ ) -++31$.+? 23- /4 21 $- ) !3- ) /1*$+3- 8  )
$!$4)3/2-))49316 24+94*--+)6+2$"
 
     $*++#!

*'A4=D4 ' )'###'/* #  $!(%"#(+!(*#!!)'$!

A4>4@4>4 !*!  %'#(#  #!!)'$! !*()' ! #( %' )'#(  . 
/* # $!(%"#

+ ) 2$"4$+3 "1!$ 2 -216  04  *$ 04 4*+3 ) "1- 
-++31$.+ ) 94*-  )$*.+ ) 3-+-   ) *4231 6 $2*$+48+-
2$"+$!$3$6*+3?  -++31$.+  4+ 94*-= /1-6- 4+ $2*$+4$.+ )
/1*31-)-)-1=$-)!3-)/1*$+3-)94*-8)61$$.++
)-2/1*31-28.(*'$! ) )#!4

JJL 
 

*'A4=E4'$!%' )'#!/* # $!3)##!!)'$!

+ ) !$"41   A4><4  2 /4 /1$1 04 ) /1*31- 1-*$ 4*+3 -+ )
-++31$.+ ) 94*-= 8 04 + 23 /1-2- ) -)-1 ) 94*- 2 31$-1 )
2-*31)-)313*$+3-3 1*$-04$1$+-4+23-+)$2*2-2412?

*'A4><4'$!%' )'###'8* #  $!(%"#3!*!$!


#!!)'$!

JJM 
 

A4>4A4!*!'  $!%'#(#!#(%' )'#(##'


* #

+ 2/, 7$23+ !4+*+3)*+3 J 61$2  $*.+ 04 2-+ /1-22 +
4*-> !#= ) *2 4++3 8 '!4  4+ /12+3 4+2 131%23$2
$!1+328)/1-21)/41)4"14*-2-)-1$!1+$-?

A4>4A4=4 '$!  #( %' )'#( )'5() *#  ##' 3 ! *!$!  
,''*)*!/* #  $!(%"#

+ ) 2$"4$+3 "1!$ 2 /1$ -*- ) -*/-++3  ) 4*$+-2$ +- 2 6
!3/-1)61$)$*-+/1-2?

*'A4>=4 * !#(/* # $!(%"#(>,'(()*#(

!$"41M?JJ?*4231047$23+$!1+$22$"+$!$3$62+)/1*31--)-1
+31)94*-)2-261$2=/1*$3$+-$+3$!$1)61$)94*-=
2"5+)-)-1=*261+4*- $*.+$+-8*21-'-+4*- $*.+1+?

JJN 
 

*'A4>>4#'(%' )'###'/* #  $!(%"#(>,'(

 $"41 M?JK? *4231 -*- ) 94*-  $*.+ 2/,-) /1-+3  )2 -2
61$2  )$*.+ 234$2= /12+3+ $!1+$2 2$"+$!$3$62 + ) 6)-1  )
-*/-++3-)-13*2*1$))-+)4*-)61$$+-04+)4*-
)61$1+=*294)?

JJO 
 

*' A4>?4 #'(  # %#!!)  ##'   /* #   $! (%"#  ( >
,'(

A4>4A4>4'$!#(%' )'#(.##'3(+!,''*)*!
/* #  $!(%"#

+)2$"4$+3"1!$2-216047$23+$!1+$22$"+$!$3$62+)+"4)-*
B#C+)94*-)$*.+2/,-)-3+$-2)2-261$2!143234$2?
+)!$"41M?JL?2/1$04)6)-1#)4*--3+$-)61$1+
2*2)3-04)61$!$+-?

*' A4>@4 #'(  # %#!!)   ##' ! * #(   $!  ( > ,'(
()*(

JJP 
 

$2-216)$"41M?JM?2/1$04)-*/-13*$+3-)/1*31--)-1
=2/1$4+-*/-13*$+3--+311$-04)#?)#1-*2*8-1/1-+-
!-1*2$"+$!$3$6+)4*- $*.+2/,-)=-3+$-)61$$+-=04+
)94*- $*.+-3+$-)/1-21)61$1+?

*'A4>A4#'('# * #  $!3(+!,''*)

(*($! (*)#(

 *$ ) -)-1 +- # 2$- 4+ /13$ -*5+ + 31*$+-2 4*-2= -*-
131%23$  !$+$$.+  23? ) 4*-  $*.+ /4 +-+3112 + )
*1--*-4*-341$--)1$!$-? *$)-)-1+)4*-)1$!$-2
*482$*/)8/4'4231261$+-31*$+-2/1*31-2/1-4$.+#23
4+ 6)-1 23+14 - 2 4+ /1*31-  131$9$.+ /423- 04 +- 2 ) -)-1
+341))04*$*-2?

 *$)-)-1+94*-)$*.+341$-2)*$)-)-1+341)238
61% ) )311 )"4+-2 /1*31-2 ) 4*-?  $+7$23+$  31'-2 /4)$-2

JJQ 
 

2-1 ) -)-1 + 94*-  )$*.+= # $!%$) ) -*/1$.+  124)3-2 8 24
$242$.+?

A4?4 #!*(#!(

•  *$  )-2 $!1+32 /1*31-2  -)-1= *$-2 + 4*-  $*.+
2/,-) 341$- B = =  = # 8 C 61%+ + !4+$.+  )"4+2  )2 131%23$2
!%2$-04%*$2!$+$$.+)4*->
o 4)/> ) $2*$+4$1 ) -+3+$- + 4)/ +3)= ) 4*- 2 *+-2
4*$+-2-= *+-2 *1$))- 8 *+-2 )$*/$- B'+ )-2 6)-12  = 8 C 8 *2
$+3+2-81-'-?
o -++31$.+ + 2.)$-2 2-)4)2= :1$7> ) 4*+31 )-2 :1$7 $2*$+48 )
4*$+-2$= ) -)-1 *1$))- 8 ) )$*/$9 - 1-*$ ) 94*-=
4*+3+- )-2 3-+-2 1-'$9-2 B$2*$+48+- )-2 612C 2$+ 61$1 )
$+3+2$?
o )4*+31)$9)94*- $*.+=24)"-2$*$)1)-0424%
-+)4*+3-)-2:1$7/-104)*8-1/13)-22.)$-22-)4)2)
94*-  )$*.+= 2-+ $-2 -1"+$-2? 4*+3 ) $+3+2$ ) -)-1 B#C 8
4*+3)-*/-++3=*+-2618*21-'-=8$2*$+48)$+3+2$
)-)-1B C=)-)-1*1$))-BC8)-)$*/$-)-)-1B1-*$=C?
o 1-  -++31$.+ ) 4*-? -1*)*+3 ) 4*-  $*.+ 2
-*1$)$9-*--++31-?)/1-2--++31$.+/1-6-)"4+-2
*$-2 + )-2 -*/-++32 ) -)-1 8 )31 23? ) 4*+31 ) "1- 
-++31$.+= 4*+3 ) -)-1 *1$))-  23 BC 8 ) )$*/$9 -+ 04 2
/1$ ) -)-1= 8 $2*$+48 ) 4*$+-2$ B C 8 ) $+3+2$ ) -)-1 #
/1*+$+-$"4))-*/-++3--)-161?
o 84+$!1+$)1+)-294*-2/1-+32)61$$+-12/3-
 )-2 /1-+32  ) 61$ 1+? ) 4*-  ) 61$ $+- 2 *2
61B*+-1C=*2*1$))-B*8-1C*+-1$+3+2$B*+-1#C8*2
)$*/$-B*8-1C?
•  *$ ) -)-1 +-2 /1*$3 841  $+3$!$1 - 131$91 4+ 4*- 
$*.+?

JKH 
 

• -2 6)-12 ) # 8  /++  )-2 6)-12   8  8 2 1)$-++ -+ 23-2
*$+34+!.1*4)*3*3$?
•  *$ ) -)-1 *$+3 /1*31-2 31$23%*4)- !4 211-)) /1 )
94*-  +1+' 8 1% 211-))12 4+ 2)  2/%!$ /1 ) 94*- 
)$*.+?  04 /4 1)$-+12 -+ 4+-2 /1*31-2  1!1+$  -)-1
!$+$-2=2$*$)1)-2 04/-2)/1)2-)94*-+1+'?

JKI 


CAPÍTULOVI



 

.&12), :/,2%-+ "%/% 1!1% )1)%./,  +1  


02./,21,0 )./, 0,%+201/%) +/+(6)%*-+

G:B: +1/,2%-+

".&"'(0."*0(".10/;/1(,.*10**(1('(."(0(
&'.*>*0"(1(/!*&,.*/*"(1/0."&/0.105'/
/1.1,."+(.,./(01('%*.(&"',0*'"(0&&"(1/0.",*.-1
"/'"(15/(/"&'(0&*//!*/53.0"*/ (.*/>

".&"'+(/'(*/*(*"-1*0./"./.105/*.0**-1*0./
"./  *0.*/ #0."*/ *'* & (.(% 5 & '(."(>  !( /&"*(* 0./
3."/  #0."*/; */  (.(% 5 1(  &"'+( *( & "(  !. 1(
*',."+( (0. "./  (.(% 5 &"'+(; *0. (0. 3."/  (.(% 5 ,*.
2&0"'* 3. & "(&1("  & ,.*("  &*/ .10*/  1( '"/' 3." ( &
".>*(0"(1"+(/"0(&/".(0/3."/#0."*/,.*//*.'
"(1/0."&(&&(0"&*0*&>>>>,.&,.*1"+(&/"./>


 

'
(

 

' 
(
 


' 
(
 ' 
(

    
 ".,.*/,.*".(0/."*(/*0("/(&,.*/*
40."+(  61'*/ ,.*(0/  .10/ #0."/ ( & 40.0*. 1("3./&'(0
10"&"6 ( & 1(*;  "( &"(> ( & ,.*/*  .10/ #0."/; &/ ".(0/
."*(///,.(10*'0"'(0(&,.*,"*,.*/*>./&/,."+(//
."*(//*(0.0/*'*/3(&" 1.O>J>

KLL 

 

 
 
     
      

 

(*+(%544
3 ""(+* )+'(%+*% *(%
""$*"%*%

,%.)+((%
3(%)%


)"&$

(*#$*%)*(#$
*#'(*+(
3 ,%
3"(%
 3)%
(*#$*%)&$

3(%)%
-*(&$"/+#%
 %$"))*#
 $"$ "*(%", %

3*$&$/+#%
3*$&$

 )+'(%+*%)%(2
(*2"'%()'(%
%

%"%

#/%

%#2/G:B:/, 0, 51/%-+  %/./,  +1  "/%,+ 0 )./, 0, &1/%,0:
4"/0(K'0**/40."+(&".;3."(*/*&*&0"',*3,*.>
/1*% +1,0 1 /*%+1 *. /12/=
• JBLI'"(10*/3,*.
• KBOI'"(10*/3,*.>
*/*/'0**//*(40'(0" 1&/;/*&*3.#&0"',*3,*.>

( 1%4,  01 1/(,

KLM 

 

 ( & ,.*/* "(1/0."&  #0."*/ / (.( 1(/ *.."(0/  /!*/
-1;1(36(&"6/;/*',.1-10"((1(3&*.(10.""*(&"',*.0(0>
&*."+(".(*/& *(13*(&"(1/0."&"'(0.",.*/#&1/*
0.'"(*//1,.*10*/"(1/0."&/,./1&*."+(> ".,.*(0
.10/ #0."/ 0"(( 1( &0* *(0("* ( ". /*&1& 5 /*(  "& ,&""+( (
0.'"(*/ ,.*10*/ &"'(0."*/>  &*."+(  ".  #0."*/ 51  &
3&*."6"+(  /1,.*10*/ "(1/0."&/; "/'"(15 & "',0* '"(0&  &
"(1/0."5!'//*/0("&&,.*50* &*&>'//,.0(,*(.(3&*.
&".&"'+(;&*',..&*(*0./"./#0."*/'/*(*"/>
&,.*/*0.'"(*//1,.*10*/(,.*10*/1/*&"'(0."*/1,*(
,.&"(1/0."0./ .(/3(0%/=

> ("(.'(0*&.("'"(0* &*&&,&(0&0.(/*.'.1(/!*


(1(,.*10**'."&*(3&*.(10.""*(&>
> ("3./"""+(&,.*1"+(51(,1/0,*.&"(3/0" "+(;&
0(*&* #5/1/./1&0*/>
> ("/'"(1"+("',*.0(0&*/./"1*/ (.*5&"',0*'"(0&
&,.*/*.10/>

 *( /0 ,#01&* / ,.0( ,*(. ( 3&*. & ,.*3!'"(0* 
0.'"(*//1,.*10*/;,.*(0/&,.*/*"(1/0."&#0."*/;,./1
0.(/*.'"+( ( &"'(0*/  3&*. (10.""*(& /,#"*> '/ / "(0(0.
*,0"'"6. & ,.*,*."+(  ". *0("  /0 ."+( -1 / *(3.0". ( 1(
&"'(0*1("*(&>

KLN 

 

G:C: 02)1,06%020%-+

G:C:B: 1 /*%+%-+ )/ +%*% +1, "%/% 1!1%

 (0"( ,*. .("'"(0*  40."+( *'* & (0"  ". "00"
*0(",.0".1((0"*(*"/1,.*10*/;*0("*/&,.*/*
#0."*/>

(&0&O>J;/'1/0.(&*/3&*./'"*/&.("'"(0**0("*&/"./
"00"/;'"(0&/*/'0**&* #/40."+((/5/>&.("'"(0*!
/"*&1&*,.0".&,/*"(""&&*//1,.*10*/>

 
  
! !"!#"
"& (
"' (
   
!      
 "!     
 
   
!      
 "
#!     
 
   
!      
$  "     
 
   
     
      
 
    

)G:B:; +%*% +1,0 "%/% 1!1% +%" / +1 0.,/%,+ 0  0 $,0

( 1(0*  &/ 3."/  (.(%; &*/ ./1&0*/ *0("*/ '1/0.( 1( '5*.
.("'"(0* ( & 3."
 
 
 -1 ( 
 
 
; /"( '. *; &

 


,./(0'%*././1&0*/-1&
 

 
>
(1(0*&*//1,.*10*/*. "'+(&*/0*/.3&(-1&.("'"(0*
,. & ,.*1"+(  ". &"'(0." / '(*. -1 ( &*/ /*/  ,.*1"+( 
".,.0"./1,.*10*/(.(%>

KLO 

 

5"3./*/0*./-1,1("(&1"."(".0'(0/*.&.("'"(0*(".
,.0  /. .10/ "/0"(0/;  "/0"(0 ,.*(" 5 3."/ -1 ,./(0(
".(0/ ./1&0*/ C0&JD> /0*/ 0*./ ,*.#( /. 3.""*(/ ( & &"';
0.0'"(0*/"0*/("0."*/;0",* 1." *5,&""+(;&,&(0"+(
50",*/1&*>

50'"(0*./-1"(&1("(".0'(0&*(0("*(".=&/"/0'
40."+(5& .*/*.&*.06&/.10/,.*//>(*.06'/ .1/;&
&*/'/1((05,*.0(0*&."+(".1'(0;./,0*& &*&>

G:C:C:.% / 1 +%-+ #2= >:

(&//" 1"(0/" 1./CO>K;O>L5O>MD;/*/.3(&*/3&*./&/ &/KM


'1/0./  "./ *0("/;  (0. /# 5  *( &   & +,0"'*> / 3."&/ 
*(/"../*(=

 0**&*."+(10"&"6*>
 ."+(&.10&-1/!(*0("*&/"./>
 ."&1&(*/.."'*/> >


12 12
11,5 11,5
11 11
10,5 10,5
10 10
9,5 9,5
9 9
8,5 8,5
8 8
 7,5
7
7,5
7
 6,5
6
6,5
6
"!# 5,5
5
5,5
5
4,5 4,5
4 4
3,5 3,5
3 3
2,5 2,5
2 2
1,5 1,5
1 1
0,5 $ % $ % $ % $ % 0,5
0 0


 





  
    

Variedades

%#2/G:C:),/ 0   +)0*2 01/0 "%/./,  +1 0 

(&" 1.O>K;/,."-1("( 1('1/0.0"(3&*./,.+4"'*/&+,0"'*>

KLP 

 

'5*.,".0("+( 1;&".*0("&."+(&*.;
/  ( & "'+( "(*>((.(%;&3."
 

  
,./(0&*/
'(*./3&*./(1(.( *I;QLBJ;JQ  1A ".;&*/'/&%*/&3&*.
*,0"'* /* "*> & 3&*. '4"'* / *0"( ( (.(%
 
 
  

C'0**JD;*(1(3&*. O;RO  1A ".>

(&" 1.O>L;*/.3'*/&*/3&*./ &".*0("&."+(&





12 12
11,5 11,5
11 11
10,5 10,5
10 10
9,5 9,5
9 9
8,5 8,5
8 8
7,5 7,5
7 7

 6,5
6
6,5
6
 5,5 5,5
5 5
"!# 4,5 4,5
4 4
3,5 3,5
3 3
2,5 2,5
2 2
1,5 1,5
1 1
0,5 $  % $ % $ % $ % 0,5
0 0




 


 
    

Variedades

%#2/G:D:;  )"%/ 51/& ) /%1 2+ )04/%  0:

(1(0*&."+(./,1.*.06*0("&"&0..&'1&/"+(
"0/;&*/3&*./".*0("*/*(&'0**J&3."



  
; / *(/" 1 & 3&*. '/ &3* C   R;IN   1A  ".D> &  3&*.
'#("'*; N;QJ   1A  ".; / *0"(  & ". *0(" *( & '0** K  &
3."
 

 1.">&3&*.*0("*(&". "'+(/1(3&*.
'"*;*',.**(&*/3&*./((.(%>

 " 1.O>M;'1/0.&*/3&*./;(&".&*.06> */3&*./


(&".& 
 *#/0*(1(3&*.JI;OK 
 1A ".;/1,.(*&3&*.+,0"'*>

KLQ 

 


12 12
11,5 11,5
11 11
10,5 10,5
10 10
9,5 9,5
9 9
8,5 8,5
8 8


7,5 7,5
7 7


6,5 6,5
6 6

#"$ 5,5
5
5,5
5
4,5 4,5
4 4
3,5 3,5
3 3
2,5 2,5
2 2
1,5 1,5
1 1
0,5  % & % & % & % & 0,5
0 0







 
    



%#2/G:E:;  )"%/ 51/& )% ) 2+ )04/%  0

4'"((* &/ " 1./ O>K; O> L 5 O>M; &&   ,."./ -1 & '0** J / '/
,.*,"*,.*0(.1(*/./1&0*/ >/0*,1./&.&"+(
 &/ 3."&/ & '0**  40."+( *( & 0* '("*  .*01.  &/
,.0#1&/ ".*// 5 & "/ . "+(  &/ ,.0#1&/ &*1&./ -1 *(*.'( &
/0.101.  &/ "./; 0*. -1 *(""*(.# & "(0."+(  &*/ *',*((0/
/*&1&/"(/*&1&/*(& 1;(+'(*/'*/-1*(0."1".#((& .*&
3"/*/";-1/.4,1/0*(&,.0*M>O>

( & &"0.01.; ,. ".  #0."*/ / !( (*(0.* 3&*./     K;KO 
 1A  /+&"* /* C" 1.*& 0 &>; KIIND; R;KI   1A  ". C." &'* F &&*/*;
JRRRD; 5 JK;M  1A  ". C ..1." 0 &>; JRRND> 0.*/ 0.%*/    ( ".
,.*(0  *.06  #0."*/ "(*.'( /*. 3&*./ *',.("*/ (0. JN;N B
JO;P   1A  ". C!1 F 1( ; KIILD;  "("(*/ .( */ (0. N;O B R;N ,.
".&"'(0."C *( 10&>;KIILD>

KLR 

 

G:C:D:.% / 1 +%-+  %1 0= >:

/" 1./O>N;O>O5O>P;*(0./0(&*/3&*./& &/KM"./*0("/


*( &*/ 3&*./  &     & ". +,0"'*> / 3."&/  0(. ( 1(0 ( &
."*/*(=

 0**&*."+(10"&"6*>
 ."+(&.10&-1/!(*0("*&/"./>
 ."&1&(*/.."'*/>

(&" 1.O>N;&*/3&*./ &".&*.&"'+(*0(",.&


'0** J; !( /1,.* & +,0"'*; *( 1( 3&*.  K;IM  "0A   ".> ( &
'"/'".;*0(",*.&'0**K;/*(/" 11(3&*. J;NO "0A 
".>.&".*0("&*.;&/&.10'/,.*,">


2,4 2,4

2,2 2,2

2 2


1,8 1,8

1,6 1,6
 1,4 1,4
"!# 1,2 1,2

1 1

0,8 0,8

0,6 0,6

0,4 0,4

0,2 0,2
 $%$%$%$ %
0 0
     
 

    



%#2/G:F:  )"%/ 51/& ),/  2+ )04/%  0

( &/ 3."/  (.(%; 


 
 
 / & -1 &(6 3&*./ '/
&3*/   ;( 1( .( *  J;MM BJ;MO  "0A  ".>
(&/" 1"(0" 1.C" 1.O>OD;/*/.3-1,.&".&."+(."0;&

KMI 

 

3&*.'/,.+4"'*&+,0"'*/&(6(*0("*,*.&'0**JCJ;LI
"0A ".D;/"(&& .&3&*.&+,0"'*;J;ON "0A ".>


2 2

1,8 1,8

1,6 1,6

1,4 1,4
 1,2 1,2

1 1
#"$
0,8 0,8

0,6 0,6

0,4 0,4

0,2 0,2
 % & % & % & % &
0 0






 
    



 %#2/G:G:  )"%/ 51/& ) /%1 2+ )04/%  0

(&" 1.O>P;/*/.3-1(".,.*(0&*.06&/3."/
#0."*/(&"6/;/.&%(&*/'%*././1&0*/ ;,&"(*&'0**J
&*0("
 


>

KMJ 

 


2 2

1,8 1,8

1,6 1,6

1,4 1,4
 1,2 1,2

#"$ 1 1

0,8 0,8

0,6 0,6

0,4 0,4

0,2 0,2
 % & % & % &  % &
0 0





 
    



%#2/G:H:  )"%/ 51/& ),/1 7 )04/%  0 &1/%,0 012%0

*/ 3&*./    *0("*/ ( & ".  "'+(; ,.*(0  & *.06; /*(
/"',./1,."*./&*/*0("*/(&".(.(%>

*/./1&0*/'*/0.*/(&/" 1./O>N;O>O5O>P;"((-1(&'5*.#
&*//*/&'0**J/'/,.*,"*-1&K,.*(/ 1".1(".&"'(0."
*( 1( &3  >   */.3 0'"( -1 & ".  (.(%
 
 
 
 
&*.'"(0&'0**K0"(/"',.&*/3&*./'/%*/ ;
/"(*I;RQ "0A ".(*.;I;QK "0A ".(."05I;QN "0A ".
,. & ,"&> /1&0*/ '/"* %*/ ,. 1( ". /0"(  &0*/; ,.*
"+(*/,./0"(.&,.*10*/.("*/>

". "'+(;*0(",*.&*/*/'0**/;,./(0( (.&3&*.//0(0


&0*/( ;*(*,"*(/1/*'153."/>

( ".  '( * / !( ,./(0* 3&*./    -1 */"&( (0. J B J;N 
"0A ".C. .
>;KIIPD5(&/*".//!(,1&"*
.( */-1*/"&((0.J;LPBJ;QQ "0A ".C "( F!1( ;KIIND>

KMK 

 

G:C:E: 1 /*%+%-+ . 

& ,  / 1( .0.#/0" '15 "',*.0(0  "(""+(  &  ". &"'(0."> &
3&*./0,1&"'"0.&1/*&".(,.*10*/&"'(0."*/>

".#0."*/*'*"( ."(0*"0"3*,.*10*/,.&"'(0"+(!1'(
"""&*/,.*10*/(&*/-1/""*(;/0""""+(/*(/1("&, 
"*C,.*4"''(0MD;-1,*/(&/"./#0."*/C1(0/;KIILD>

*(0"(1"+((&/" 1./O>Q;O>R5O>JI;/.&"6&*',."+(&*/3&*./
 ,  *0("*/ ( &/ KM "./ &*./  /0 /01"*; *( & 3&*. /0"'*
*'* +,0"'* CM;IMD *'* ..(0; *(/".(* &/ 3."/  #0."*/ 5
'0**&* #/',&/,.&,.*1"+(&"."00">


4,5 4,5

4 4

3,5 3,5

3 3
pH
2,5 2,5

2 2

1,5 1,5

1 1

0,5          0,5

0 0






  
    

Variedades

 %#2/G:I:),/ 0 .  +"%/0 ),/ 0 #3+)4/%  "/21:

KML 

 


4,5 4,5

4 4

3,5 3,5

3 3
pH
2,5 2,5

2 2

1,5 1,5

1 1

0,5          0,5

0 0






  
    

Variedades

 %#2/G:J:),/ 0 .  "%/0 ) /%10 #3+)4/%  "/21


4,5 4,5

4 4

3,5 3,5

3 3

2,5 2,5

2 2

1,5 1,5

1 1

0,5
 






 0,5

0 0
            
  









> 

%#2/G:BA:),/ 0 .  "%/0 )% )0 #3+4/%  "/21

*'*/,."(&/(0."*./" 1./O>Q;O>R5O>JI;&*/3&*./, *0("*/;


"(,("(0'(0&."+(.1010"&"65&'0**',&*,.&
,.*1"+(".;./1&0('15/"'"&./(0./#5&*/&+,0"'*>(&."+(
*.;/"/,&"&'0**J/*.&3."
 


;&(61(
3&*.  L;PN> . & ."0 &*/ 3&*./ '/ .(*/ & +,0"'*; / (1(0.( ( &

KMM 

 

'0** K    5


 
 
  
; /"(* M;IK 5 L;PQ
./,0"3'(0>,*.2&0"'*&".&."+(&,"&,./(0/1/3&*./'/
,.*4"'*/ & +,0"'* ( &/ 3."/ 
 
 
 5  ; ,./(0(*
3&*./(0.1(. *L;RKBM;IJ>

4"/0(4,."("/,1&"/&".(.(%*(/*/.31(, M>KR
] I>JN C "'(6 
>;KIJID 5 *0./ *( & ".   0"( 1( ,  (0.* &
.( *N8NRBO8OMC "( F!1( ;KIIND>

G:C:F:/* 1/,01/% 01&*2), ,),/

*(0"(1"+(/'1/0.&0&O>K;*(&*/./1&0*/&/&

) C ;E;
ED  &/ KM "./ *0("/ *',.(* 3&*./ (0. &/ */ '0**&* #/ 
&*."+(5*(./,0*&".+,0"'*/* "*'*..(0>

KMN 

 


    
   ! "
 #  #
# ..!+' &!-* .,!+/ &!',
 # ")!&* &!-) "'!/( &!&+
# '+!+( &!'- ',!+* &!&*
 # .)!.* &!). .)!)' &!+)
  # "(!'+ &!&/ "&!/' &!++
# (&!/) '!** (-!*& (!.,
# .(!,/ &!&- .'!** &!''
 # "(!)' &!&, "'!(+ &!&,
# ()!./ &!&( (+!++ &!'*
# .'!,, &!-- .*!(& &!.*
 # "'!.- &!(- ")!,. &!&-
# )&!(/ '!/, (&!+, &!((
 # .)!*( '!'& .*!+* &!'(
  # ")!)& &!** ")!+, &!(-
# ('!*- '!&( ',!,/ &!(&
# .)!/) &!-, .(!'/ &!'+
 # "(!+- &!'& "(!(& &!'/
# (*!'* &!.. (-!,& &!*+
# .+!.( &!'. .(!/& (!)*
 # ")!(. &!&. "'!., &!/,
# '+!(& '!)' ()!&) *!)+
 # .+!)+ &!+' .)!(, '!*'
  # ")!'/ &!&( "(!)/ &!'+
# (&!'( '!(. (&!(+ '!),
# .*!.. '!/. .)!') &!(,
 # "(!)) &!(& "(!&( &!).
# ((!/& &!+/ (-!.( +!',
# .(!+- &!'. .'!.) &!''
 # "(!&( &!&' "'!-* &!&'
# '-!+, &!&) ((!+& &!'-
# .(!(. &!&, -/!,) &!&+
  # "'!-* &!&& "'!'& &!&'
# '-!*' &!'( '-!'+ &!&*
# -/!-) &!&* .'!/* &!&)
 # "'!-) &!&( "'!.( &!&'
# '+!*+ &!&) ',!*- &!&)

 # -&!).0 &!&-

 # "'!()-0 &!&*

 # ()!&*0 &!'& 

)G:C:;/* 1/,0 ,),/ "%/0% 1!1% 012%0 %" / +1 0&1/%,0

KMO 

 

*/ 3&*./ *0("*/ '1/0.( -1 & ,.'0.* E  0*/ &/ "./
*("*(/ / /1,."*. &  & ". +,0"'*; /"(* /0 PI;LQ; / ".; /0*/
3&*.//0('/.&&(*/*&10*-1&3&*.&+,0"'*>.&,.'0.*
E; ( & RJ;OPW  &*/ /*/; / 2( &*/ 3&*./ -1 / .&%( ( & 0& K /*(
(*0&'(0'/( 0"3*/-1&*/&+,0"'*;BJ;KM>(1(0*&,.'0.*E;(
&PI;QOW/*/*/"&(3&*./'(*./&+,0"'*/"(*/0K;IM>'**-1
&/ "./ 0.0/ '"(0 &/ '0**&* #/ J 5 K; ,./(0( 1( 0*(&" '/
&(; *( 0(("  0(. 1( *&*."+( '(*/ .*% 5 '(*/ '."&& -1 &
+,0"'* /* "*; /,"&'(0 &  "'+( "(*> /0* & ! '/ (10. ,. /1
,&""+( ( 1&-1". ,.*10* &"'(0."* /"( -1 & *&*. ,1 /. &"'"0(0>
 2( !
>;KIIP;&*/,.'0.*/*&*. E;E5E0*'*/(".
(.(%'1/0.(&*/.( */MN;PMBMQ;MK<M;RQBO;IK<KO;QMBKR8MJ./,0"3'(0;
"/0(0/&*/*0("*/(&/01"**(&*/K'0**/40."+(>

G:C:G: %0 4%0,0%)FM "%/% 1!1%

(&0&O>L>/,."-1&*/3&*./3"/*/"1('1&/"+(&NW&/KM
"./;  .10/ #0."/; &*./ ,. /0 /01"*; / 2( /1 '0** 
&*."+(>

 ( '")


! !#!$#
#*
#+
 
   
 
!     
 #! 
    

   
!     
 #
$! 
    

   
!     
%  # 
    

   
    
  
    

   

 

)G:D:%0,0%)FM "%/% 1!1%

KMP 

 

( & 0& O>L; / '1/0. -1 & +,0"'*  ..(" ,./(0 1( 3&*.  NQ;K
'A/;&1&/!&(6*(&KMW&/'1/0./(&"6/>

1(* / */.3 & '1&/"+(  ".  &"'+(; ,.*(0  & ,"&; '1/0. &*/
3&*./'/&0*/3"/*/"CJIP;P'A/;,.&'0**J5RJ;L'A/,.&
KD; ,*. &* 0(0* & ".  & ,"&  &"'+( 0"( '5*. ,*. /,/(0> /0
*',*.0'"(0*,*.#/.*(/1("1('5*.0')*'*&1&.,.*'"*
&*/ /+&"*/ /*&1&/  "(/*&1&/ ,./(0/ ( /0 ".; -1 ,*/0."*.'(0 /
/."".(&,.0*M>P>(/0/(0"*!5-1'("*(.&/" 1./O>LN;O>LO
5O>LR;*(/*/.3&,./(",.0#1&/".*//&".&"'+(;-1
,.0"'(0(*/*/.3((&./0*" 1./&,.0*M>P>4"/0'/
1( ""1&0 '5*. ,. & *(0.*&  "! 3"/*/" ( /1 ,&""+( (
0.'"(*/ &"'(0*/; ,*.-1 3.""*(/ '15 ,-1)/ ( & *((0."+( 
".  &"'+( ,&" ( 1( *',*/""+(;  &1 .  "',*.0(0/ '"*/ ( &
3"/*/"&,.*10*>

*./1,.0;&'(*.*(/"/0("/&(6+(&/'1&/"*(/".
 


 
 
;*(O;N',A//"(*&3&*.'/%*. "/0.*(&".
*.
 

 
$

( 1(0*  & ,&""+(  ".(0/ '0**/; ( & NQW  &*/ /*/ / . "/0.(
'%*./ ./1&0*/  3"/*/" ( & ". &*. *( & '0** J> "3./*/
10*./; (0. &&*/ ." &'* 0 &>; JRRR; !( /)&* & ,*/""&"  10"&"6.
'*&*/ 4,*(("&/ 5 ,*0("&/ ,. /."". &/ .&"*(/ (0. 3"/*/" 5
*((0."+(>

 2(&'*&* !(&1'(0*3"/*/"*(&*((0."+(.&%.#
1( '5*. ./"/0(" * /1.6* (/."*/ ,. . "(""*  &  ."+(
/0.101.& *(*.' 1'(0 & *((0."+(; & '"/'* 0"',* -1 "!
 ."+( *1.. '/ &(0'(0> ( ,,"&&/ ,. (")* / (1(0.( 3&*./
'4"'*/3"/*/"JRLI';&(6&/*((0."*(/&"'"0/".
&"'+(*0("&,"&>

KMQ 

 

G:C:H:4,)2%-+ ) 01/212/ )"%/ &1/%,0

(&/'".**0* .#/;-1,.(*(0"(1"+(/4,*((&/1,.""/
,.0#1&/"."00"&0&",.*(0/1,.*10*/(.(%/5
&"'*(/ *0("*/ ( & &*.0*."* 5 ,&(0  61'*/  ."!1&> /0/  "./ /
*013".*(,*.*/'0**/&*."+(,.3"'(0/."0*/(/00.%*>

 

*# +G:B:   *# +G:C:  

/ "' (/ O>J 5 O>K; /*( '".**0* .#/ 0*'/  & ". +,0"'* /* ";
0*'*'*..(0,.0.'"(.&/&"+(&/"' (/-13.'*/
*(0"(1"+(>

   
  !
 "

/ "' (/ -1 / '1/0.(  *(0"(1"+( /*( '".**0* .#/  &/
".(0/ ."*(/  ". -1 (*/ *1,( ( /0 /01"*> " / */.3( &/
"' (/ / & O>L  & O>Q; / ,1 "(0.,.0. -1 ( & ".  & 3."

 

&'.#!5,./(",.0#1&/15*0')*'4"'*/1(*/
M ^' 5 -1 & '5*.#  &&/ /*( &*1&./> ( & " 1./  '/ / */.3 &
0(("/0/,.0#1&/&*.'"+( . */>*/*/.3(".("/
/" (""0"3/."3/&'0**&* #40."+(".("&."+(&
.10;(/03.">

KMR 

 

 

 *# +G:D:,/ ) +%1 )* /&;B *# +G:E:,/ ) +%1 )* /&;C

 

 *# +G:F: /%1


     B *# +G:G: /%1) +%1 )* /&;C

 

 *# +G:H:% )) +%1 )* /&B  *# +G:I:% )) +%1 )* /&C

/
' (/ -1 ,.(  *(0"(1"+( C'".**0* .#/ O>R  O>JMD
,.0((".&3."
 

,.*(0 
>*'*/,1

KNI 

 

*/.3.; & ,.*(" (* ! /"* 1( 0*. .&3(0 ,. & 3&1"+(  &
/0.101.;1(-1/"!51(".("/" (""0"3(&0')*&/,.0"1&/>(
&
 
 
   
 3'*/  -1 ( & '5*.#  &*/ /*/ &/ ,.0#1&/ (*
/1,.(&*/K^'>

*/.3(&" 1./".3."
 

C ".**0* .#/O>R
O>JMD -1 & '5*.#  &/ ,.0#1&/ /*( &*1&./ 5 *( 0(("   .1,./>
/0//0.101./,*.#(*../,*(./*(,0"((*!".*/*&1&C .0"(/;KIIRD>

 

 *# +G:J:,/ ) +%1 2/%B *# +G:BA:,/ ) +%1 2/%;C

 

 *# +G:BB: /%1) +%1 2/%;B *# +G:BC: /%1) +%1 2/%;C

KNJ 

 

 
*# +G:BD:% )) +%1 2/%;B *# +G:BE:% )) +%1 2/%;C

   
  !
 "

(&/" 1./O>JNO>KI;/'1/0.(/"/"' (/"./&3."





' 
(5/*/.3-1"(,("(0'(0&'0**&&3*
* * ,.0  & .10  & -1 / *0(  & ".# 
 
 
 ,./(0
,.0#1&/  .( 0')*> ( & " 1. O>KI; / ,." 1( ,.0#1&  Q ^'
,.*4"''(0>

(  " 1. O>JN; / ,." & ,./(" '5*."0."  ,.0#1&/ &*1&./; *(
'(*. ,./("  /0.101./ ".*//>  2( &* /."0* ( & "&"* .#; &/
,."'./ ,*.#( *../,*(./ *( ./0*/  ,0"( 5 &/ / 1(/ *( ./0*/ 
&1&*/5&" ("(C .0"(/;KIIRD>*'*/,1*/.3.(&" 1.O>JO;,.
1(,.0#1&".*/5&. 1(*/N^'>

 

 *# +G:BF:,/ 4 )+ 1 ;B  *# +G:BG:,/ 4 )+ 1 ;C

KNK 

 

  

 *# +G:BH: /%14 )+ 1 <B  *# +G:BI: /%14 )+ 1 ;C

 

 *# +G:BJ:% )4 )+ 1 ;B  *# +G:CA:% )4 )+ 1 <C

*',.(*&/*/3."/(.(%;*/.3'*/-1&/0.101.&



/&-1'///'%&/0.101.&+,0"'*C
' (O>J5O>KD>

   
   =  >

&*/.3.&/"' (/".&"'+(C ".**0* .#/&O>KJ&O>KOD


/,."-1/*('//'%(0/&".+,0"'C
' (/O>J5O>KD-1&/
(.(%>(/0".;!5,./("1('5*.,.*,*."+(/0.101./".*//
5&. /*('5*.&*( "01;,.0#1&/'/JN^'>.*&'(0;,*'*/
/0. .(0  1( ". *( .( ,.*,*."+(  ./0*/  &1&*/ 5 &" ("(>
(0*.-1&&'&0("+((0*/&/'".**0* .#/;/&0*(**&*."+(;
3'*/ -1 ( &/ ,.0#1&/ / ,."( 6*(/ '1!* '/ */1./ -1 *0./> /0
0* / '15 3"(0 ( & " 1. O>KN  & ".  &"'+(; *( / ,." &

KNL 

 

".("  *(0./0 (0. & *. 5 & "(0."*.  & ,.0#1&> /0* ,1 /.
,.*10*&,."'0."&&1&."(0.(*>

 

 *# +G:CB:,/ %*-+ %+,;B  *# +G:CC:,/ %*-+ %+,;C

 

 *# +G:CD: /%1%*-+ %+,;!1,,B  *# +G:CE: /%1%*-+ %+,; 1,,C

 

 *# +G:CF:% )%*-+ %+,;!1,,B  *# +G:CG:% )%*-+ %+,;!1,,C

(&"&"* .#(*!5'/"/"&1/0."*(/(&/-1/,."*(0&&
& /0.101.  & "./  #0."*/; /,"&'(0  "'+( ,.*  *(0"(1"+(

KNM 

 

3'*/(&" 1.O>KP1('".**0* .#".,.*(0&*(.(%;


*( / ,." & /0.101./ &*1&./ ,.*,"/  & ".  (.(% C(0( F
/,.00*;KIIRD

  

*# +G:CH:) , +/+(

G:D:+)%0%0 01&01%,

G:D:B:+)%0%0 ,// 0.,+ +%*3)1%.) 

( & /" 1"(0 ,.0* / .&"6 & (&"/"/  *../,*((" 2&0",&
,&"*  &/ 3."&/ (&"6/ ( &*/ ".(0/ 0",*/  ". *0("*/ ,*. &/
'0**&* #/J5K>.&&*/*'"(6*(&0&*(0"( ("&/'"/
*0("/0*/&/*/.3"*(/C0&O>MD

KNN 

 




"! "'& "!& %!$& "!! "#% #$!% $)"' &)%#


  #"  
" " #    '  '  ' " $!!(+
   " ""% '*' $(& )"'' ")( $!#* %% "!'(
   # "$! '&$ $&* )%#! $') #!&' $) "$'(
   " "!# "") $%& )&)# $#) "&#! $* '&!
   # !*) !)$ $$) )#*! ")' #$!$ $) '$$
   " "%% %!' $'! ))&" $!% "&&# #& '$'(
   # "%' !)) $"" )'&* "*# "'&% $) "#'(
   " #!% '*" $)( )#&( #!# "(&' #' $#'(
   # "&' &&( $'$ )")$ "(% ##&! $$ #"$$
   " "#) '(* $'( )$%# $$! #"%( %! "%!!
   # "#% '&& $() )%&% $&' "''* %# #*)!
   " ""% )$$ $'$ )&$& $"* #!"# ") "&$$
   # !)$ &)" $'% )$#' #$* #!#& ## *!!
   " ""' *!& $*$ )$)% #"& #!*$ #( #!(!
   # !)) ($) $'# )$$" !*" #(%! #( "%'!
   " "$! (&) $)* )##) "(% "(%" %% *&#&
   # "#& (%* %!# (*'$ ""! "("& $# "$$$

  " "$( ()' $(! )$*$ #&( #%"% %! $"!!

  # "#% )$' $') )#"* ##! #('! %" $)!!

  " "#% ($( $(! )%)) #$$ ##*! $# "%$$

  # !)& (&! $'# )$"$ #!# #()# #* "%)$

  " ""( "!#' $*) )#'* #$" #$)* $! (!'(

  # !*' ($) $*# )"%% "#& #&&& #" "%'(

  " ""$ "!'# $)( (*($ "($ "&%& #) "!((

  # ""* (!$ %!" )"*% ")# "'%( $& *"$$ 

)G:E:;) ,+1%+# +% * %0,1 +%0 )0,0 /4%,+ 0

. & ,./(0 /01"* (/"0'*/ 3."&/ 1&"00"3/> . &&* / !(
 .1,*/ &*/ 3&*./  &/ '"/ ( &/ 0 *.#/ -1 / ! /0"'* ,.*,"*
,.3."&;*(&"("&"0.&"(0.,.0"+(/0/01"*>

*-1'*/*0.&*/"(0.3&*/0 *.#5-1"!*/"(0.3&*//*(
/*(*"*/; !'*/ *,0* ,*.-1 /(  & '"/' .1(" 5 ,. &&*
10"&"6'*/&*/,.(0"&/LL5OOC3&*./-1/'1/0.((&,.0/1,."*.&
0& O>N>D> */ ,.(0"&/ 3(  01. *'* &#'"0/ (0. 0 *.#/; / ".; &*/
3&*./-1*1,(&,."'.0 *.#/*(&*/-1/0(,*.%*&,.(0"&LL;
&*/&/ 1(0 *.#/*(&*/-1/0((0.&,.(0"&LL5&OO;5&*/-1
/0(,*.("',.(0"&OO/*(&*/-1*1,.(&0..0 *.#>'(.
-1 0.(/*.''*/ 1( *(%1(0*  KM '1/0./ ( 0./ 0 *.#/;  1(  &/
1&/*(0"(*!*'"/>

KNO 

 


 &!+* &%!* )!%(* &%% "&!') '(!%) (-!&+ *-!)'
(( &!&(.) +!+-.+ %!'&+& &+!-%, "&!&&& "*!*) ",!(. "))!''((((((
++ &!'*,' ,!).&- %!)%* "%!+'- "%!&&. %!%' "',!&'

 
            
  "
   & &!&(* +!.+(( %!'. &-!()( "%!+( ,!')+, *!-) "),!,*((((((
   ' &!'.* +!*( %!)* &*!,., "'!)(, "'!),, "%!&+ "))!,*((((((
   & &!%' &!&- %!*-* &)!&- "'!%)( ",!-) %!-) "*&!.'
   ' %!.- %!-'* %!+** &,!&%( "%!+&, "%!%%, "%!&+ "*'!%-+++++,
   & &!)) )!%+ %!)(* &&!)-, "&!,., ",!*' "&(!&+ *!')++++++,
   ' &!)*+, %!-,* %!.'* &(!)& "%!+,, "+!)., "%!&+ ")*!,*((((((
   & '!%) +!.%+, %!&+* &,!)(( "%!,-( "*!)- "&'!&+ "'*!,*((((((
   ' &!**+, *!*++, %!)%* &-!&,( "%!)., "%!*)( "*!&+ "(,!%-+++++,
   & &!',* +!,-+, %!(+* &+!*-( "'!%+( "&!*+, &!-) "))!)'
   ' &!'(* +!** %!'*&, &*!)+ "'!('( "+!(), (!-) "'-!+'
   & &!&)'* -!(((( %!)%* &)!+* "&!.), "'!.&, "'%!&+ ")(!%-+++++,
   ' %!-'* *!-& %!) &+!,) "&!&), "'!,. "&+!&+ ").!)'
   & &!&** .!%* %!&%* &+!&+( "%!.&( "'!&& "&&!&+ &*+!.&(((((
   ' %!-,* ,!(- %!)' &+!+.( %!(( )!(*+, "&&!&+ ")(!-'
   & &!( ,!*-(( %!&* &,!,'( "%!* "*!+', *!-) (+!-(
   ' &!'*(( ,!). %!%&* '%!(+, %!&(+, "*!--, "+!&+ ")*!%-+++++,
  & &!(+,* ,!-+ %!() &+!%+, "&!(', &!& &!-) "',!)'
  ' &!')'* -!(** %!(** &,!-& "%!.+( )!*+ '!-) "'%!)'
  & &!')(, ,!(++, %!((* &*!&&, "&!%-, "%!&)( "+!&+ "))!%-+++++,
  ' %!-* ,!* %!)' &+!-,( "%!,- )!,- ".!&+ ")(!*-+++++,
  & &!&, &%!'*, %!%** &,!(%, "&!%,( %!-*(( (!-) &'!')+++++,
  ' %!.** ,!(-(( %!&' &-!*+( "%!%& '!*&(( "&!&+ ")(!,*((((((
  & &!&'* &%!+&, %!&+* '%!', "%!).( ",!*.( "&%!&+ (%.!.&(((((
  ' &!&. ,!%'+, %!%( &-!%+ "%!*-( "+!*, "(!&+ ('!.&(((((( 

)G:F:;) . / +1%) 0

(&0&%1(0C0&O>OD-1(.&%/&/3."&/01&/,*.0 *.#/;
*( / ,1 */.3. -1 5 / ! )"* & 3."& % 
&; /"(* /0
1(3."&1&"00"3>

# %# %# %# %#

% + , - .

 % &(% % % % %%


 % &(& % & % %&
#* #$&% $$&%
#* &$'#"&!% $'#"&!% ## !%
#* $#"&!% ##!% $#"&!%
%$ #&%' #&%' #&%'%
$%#&%&# ## % ##  #$# 
# #&% # #% 
# %# %&# '%  
$$/2 &(!# !% # !% &(!# !% 

)G:G:;/%) 012)0.,/1 #,/&0

'*/ 4,"*(/;  / & /* & 0*. E & 1& /*&* / & !( /" (* */
0 *.#/;*&0*.3."&1&/&!(/" (*10.*>

G:D:C:)%0 ./+)%0%0 ,// 0.,+ +%3)1%.) 

KNP 

 

&"6'*/&?(&"/"/*../,*((" 2&0",&@'"(0&*,"+(   


>

   


 

& (&"/"/  *../,*((" '2&0",& *'* 5 / ! /."0* ( & ,.0* 
'0."&5'0**//1((&"/"/!*'* ("&1&1/0(0*&//"'"&"01/
,*/"&/ (0. 0*/ &/ 3."&/ *'* &/ .&"*(/ (0. &/ 0 *.#/  
3."&>

  

. 0.'"(. & (7  "'(/"*(/  -1 *(/0. & (&"/"/ (/"0.'*/ &
3.""&"-1,*.01(&&/>

.0.'"(.&(2'.*"'(/"*(//(/."&,&""+(&//" 1"(0/
*.'1&/=0 *.#/YLK(S3."&/YJJ
(."YI;RIRIRIRJ

%* +0%-+ 21,4),/ 0 : 5.)% : 5.):2:


J I;LMKPOIQK I;JPRNMJLQ I;JPRNMJLQ
K I;KOIRRMMR I;JLOPJJM I;LJOKNKPR
L I;KJNNLPOQ I;JJKRIIOR I;MKRJNLMP
M I;JQPJIPLR I;IRQIIQOM I;NKPJOKJJ
)G:H:; 1 /*%+%-+ %* +0%,+ 0

*'* ,*'*/ 3. ( & 0& O>P; / /&"*(( M "'(/"*(/ ,*.-1 *( M
"'(/"*(/*(/ 1"'*/4,&".&NK8PW;/1""(0,.*0(.1((&"/"/"&
 & 3.""&" 0*0&; 5 -1 /1,. & MIW C*'* -1 /."0* ( & ,.0*
'0."& 5 '0**/D> '/ "(&1". 1( "'(/"+( '/ ""1&0.# (*0&'(0 &
"(0.,.0"+( ."&*/./1&0*/5(*(*/,*.0.#'1!'/3.""&">

&*',*.0'"(0*&/"'(/"*(//3.,./(0*(&*/ ."*/JM5JN
-1 3.'*/  *(0"(1"+(; /0*/ /0( /*/ ( /"'"&"01/ *',.*/ ,*. &
(&"/"/*../,*(("/'2&0",&>

KNQ 

 

&/" 1"(0,/*/*(3.0".&/"'(/"*(/(%/**.(/*.'
-1 &*/ ,1(0*/ / .,./(0( '"(0 **.(/; -1 (*/ ,.'"0 &1&. &/
*(0."1"*(/.&0"3/&/-1&&''*/?


@C&O>QD>


 

ROWTYPE_ LEVEL_ VARNAME_ DIM1 DIM2 DIM3 DIM4


QUANT CORE Parte -0,693 -0,527 0,347 -0,152
QUANT FRIT Parte -0,173 0,434 0,125 0,579
QUANT PIEL Parte 0,865 0,093 -0,473 -0,427
QUANT Valencia Late Almería Variedad -0,456 0,426 0,439 -1,241
QUANT Valencia Late Murcia Variedad -0,611 0,361 -1,06 0,313
QUANT Lane Late Variedad 0,406 0,192 -0,124 0,304
QUANT Limón Fino Variedad 0,661 -0,979 0,745 0,625
QUANT Método 1 Metodo 0,19 0,569 0,417 0,05
QUANT Método 2 Metodo -0,19 -0,569 -0,417 -0,05
QUANT Retención muy baja de aceite Aceite -0,081 -0,227 -0,918 -0,101
QUANT Retención baja de aceite Aceite 0,449 0,391 -0,108 0,195
QUANT Retención alta de aceite Aceite -0,368 -0,164 1,026 -0,094
QUANT Retención muy baja de agua Agua -1,111 -0,295 0,016 0,155
QUANT Retención baja de agua Agua 0,252 -0,465 -0,048 -0,09
QUANT Retención alta de agua Agua 0,859 0,76 0,032 -0,066
QUANT Cerca del blanco absoluto ColorL -0,634 0,559 0,053 0,191
QUANT Lejos del blanco absoluto ColorL 0,634 -0,559 -0,053 -0,191
QUANT Mucho más verde que óptimo Colora -0,959 0,694 0,248 0,015
QUANT Más verde que óptimo Colora 0,492 0,309 -0,05 -0,412
QUANT Verde cercano a óptimo Colora 0,467 -1,003 -0,198 0,397
QUANT Menos amarillo que óptimo Colorb -0,05 -0,426 0,565 0,364
QUANT Amarillo cercano a óptimo Colorb -0,447 0,414 0,142 0,57
QUANT Más amarillo que óptimo Colorb 0,497 0,012 -0,708 -0,935
QUANT Menos rendimiento que óptimo Rendimie 0,224 0,509 -0,153 0,811
QUANT Rendimiento medio Rendimie -0,239 -0,989 -0,303 0,148
QUANT Más rendimiento que óptimo Rendimie 0,015 0,48 0,455 -0,959
QUANT óptimo Viscosid -0,942 -0,355 0 -0,247
QUANT Viscosidad más baja óptimo Viscosid 0,053 0,225 -0,665 -0,018
QUANT Viscosidad cerca de óptimo Viscosid 0,889 0,13 0,665 0,265
QUANT Degradación alta Estructu -1,251 0,07 -0,603 0,041
QUANT Degradación media Estructu 0,193 -0,326 0,457 -0,289
QUANT Fibra sin degradació Estructu 0,998 0,763 -0,466 0,701
)G:I:) 2+1%"%%,+ 0,+ 4 *,0)0,,/ +0

 *(0"(1"+( / !( &1&* &/ *(0."1"*(/ .&0"3/ '"(0 & *,"+(
  &  5 *0('*/ & /" 1"(0 '0."6  *(0."1"*(/ &0"3/ -1
3&*.&"',*.0("3."&(&3.""&"4,&""'(/"+(>
(&0&JL3'*/&'0."6*(0."1"*(/C(0(0*,*.JIIID;,.0".&1&
/*0(.(&/0 *.#/.&3(0/,."'(/"+(C'./(" 1.MJ5
" 1.MKD>& ".(-1&&/15*(0."1"+(&0"3/1,.&KII IAII;/".;

KNR 

 

&/'/.&3(0/>.&.,./(0"+(&*/./1&0*/&,.* .'10"&"6 ."*/


"(0.0"3*/C" .'/"/,./"+(D>

VARIABLES CR1 CR2 CR3 CR4 TOTAL

CORE 239,86 139,07 60,36 11,5 450,8


FRIT 14,92 94,26 7,85 167,68 284,71
PIEL 374,43 4,34 111,74 91,37 581,88
Valencia Late almeri 69,32 60,36 64,11 513,26 707,05
Valencia Late murcia 124,26 43,55 374,46 32,56 574,83
Lane Late 54,83 12,29 5,1 30,74 102,96
Limón fino 145,65 319,48 185,03 130,06 780,22
Método 1 36,27 323,28 173,7 2,54 535,8
Método 2 36,27 323,28 173,7 2,54 535,8
Retención muy baja de aceite 3,31 25,73 421,51 5,14 455,69
Retención baja de aceite 100,99 76,32 5,85 19,11 202,27
Retención alta de aceite 67,74 13,42 526,64 4,43 612,23
Retención muy baja de agua 616,8 43,48 0,13 12,07 672,48
Retención baja de agua 31,64 108,2 1,14 4,03 145
Retención alta de agua 369,06 288,85 0,5 2,15 660,56
Cerca del blanco absoluto 401,65 312,53 2,83 36,32 753,32
Lejos del blanco absoluto 401,65 312,53 2,83 36,32 753,32
Mucho más verde que óptimo 459,84 240,89 30,66 0,12 731,51
Más verde que óptimo 121,16 47,76 1,23 84,96 255,11
Verde cercano a óptimo 108,92 503,15 19,63 78,77 710,47
Menos amarillo que óptimo 1,26 90,76 159,81 66,38 318,2
Amarillo cercano a óptimo 99,81 85,77 10,13 162,68 358,39
Más amarillo que óptimo 123,47 0,07 250,39 436,89 810,82
Menos rendimiento que óptimo 25,04 129,55 11,64 328,66 494,9
Rendimiento medio 28,58 489,07 45,76 10,94 574,34
Más rendimiento que óptimo 0,12 115,19 103,57 459,5 678,38
Viscosidad muy por debajo de 443,48 62,94 0 30,41 536,84
Viscosidad más baja óptimo 1,39 25,29 220,84 0,17 247,68
Viscosidad cerca de óptimo 395,27 8,44 220,8 35,08 659,59
Degradación alta 521,38 1,65 121,14 0,57 644,74
Degradación media 44,17 125,5 247,29 98,46 515,42
Fibra sin degradació 262,18 153,14 57,13 129,24 601,69 

)G:H:1/%7 ,+1/%2%,+ 0/ )1%40

G:D:D:/1 /&01%0/ ./ 0 +10 +)0%* +0%,+ 0B6C

KOI 

 

( /0 ."* ,.( &/ 3."&/ '/ /" (""0"3/; / ".; &/ -1 /1,.( &
KIIIAIIC'./(&0&JMD5-1*../,*((&/"'(/"*(/J5K>

( & " 1. MJ; & %  &/ /"//  .,./(0 & "'(/"+( J C
 JD 5 & 
*.(/&
K>

*/ ,1(0*/ .*%*/ .,./(0( &/ .0.#/0"/  & "'(/"+( J; &*/ ,1(0*/ 3./
&/&"'(/"+(K5&*/,1(0*/61&/.,./(0(.0.#/0"/*'1(/(0.&/
"'(/"*(/J5K>

Fibra
 sin
 degradación

CATEGORIAS SIG. DIMENSIÓN
  
DIM1
Mucho más verde que óptimo Retención alta de agua 

DIM1DIM2
 DIM2


 
1
0,500 Cerca del blanco absoluto


  Fibra con degradación alta
 Viscosidad cerca de óptimo
PIEL
DIM2G 0,000

  
 
Retención muy baja de agua
Viscosidad muy por debajo de óptimo

0,500 
CORE 
2    Lejos del blanco absoluto

Limón fino


-1,000
 
Productividad media 
Verde cercano a óptimo
-1,000 -0,500 0,000 0,500 1,000
DIM1G

%#2/G:BB:1 #,/&00%#+%"%1%40 )0%* +0%,+ 0B6C

KOJ 

 

G:D:D:B:/1 /&01%0/ ./ 0 +10 +)%* +0%-+B

(&"'(/"+(JC" 1.MJD/.,./(0(&/.0.#/0"/*'1(/0*/&/
"./ *0("/  ,.0". & *. 5  & ,"&; "(,("(0'(0  /1 3." *
'0**&* #,*.&1&/!5(&*.*>

 B:;   

 1!*'/3.-1+,0"'*CE/'1!*'(*.BJ;KLPD
 .&&(*/*&10*C EZJIID
 ".*( ."+(&0>
 0("+('15% 1C& &/"./*./0'15,*.
%*JI;N  1A ".D>
 "/*/"'15,*.%*+,0"'*C3"/*/"'1!*'(*.-1NQ;K
'D
 B:;    

 "./"( ."+(
 0("+(&0 1C \JI;ND
 "/*/".*,0"'*C3"/*/"ZQN;K'D
 %*/ & &(* /*&10* C3&*./  E (* ,.+4"'*/  JII; ,.*
/1,."*./+,0"'*D

G:D:D:C:/1 /&01%0/ ./ 0 +10 +)%* +0%-+C

"'(/"+(KC
KD;"(&/.0.#/0"/-1/1',&((1(*&*/
'0**/*(&*/-1!'*/&*.*"."00">/0"'(/"+(0'"(.3&
.0.#/0"/&3." "'+("(*>

KOK 

 

 C:;  B

 .&(*/*&10*C EZJIID
 0("+(&0 1C \JI;ND
 1!*'/3.-1+,0"'*CE/'1!*'(*.BJ;KLPD

 C:;  C

 %*/  &(* /*&10* C&*/ 3&*./  E (* /*( ,.+4"'*/  JII; ,.*
'5*./-1+,0"'*D

 C:;    

 ..(*+,0"'*CEZBJ;KLPD
 .*10"3"'"

G:D:E:/1 /&01%0/ ./ 0 +10 +)0%* +0%,+ 0D6E

( & " 1. MK ,.( &/ 3."&/ '/ /" (""0"3/; / ".; &/ -1 /1,.( &
KIIIAIIC'./(&0&JMD5-1*../,*((&/"'(/"*(/L5M>

( & " 1. MK; & %  &/ /"// .,./(0 & 
 L 5 &  *.(/ & 

M> */,1(0*/.*%*/.,./(0(&/.0.#/0"/&"'(/"+(L;&*/,1(0*/3./
&/&"'(/"+(M5&*/,1(0*/61&/.,./(0(.0.#/0"/*'1(/(0.&/
"'(/"*(/L5M>

KOL 

 



  Productividad baja  DIM3


CATEGORIAS SIG. DIMENSIÓN 
 DIM3DIM4


 DIM4



0,500

  Valencia Late Murcia    Viscosidad cerca de óptimo

  


0,000 Viscosidad más baja que óptimo
DIM4G 
Retención muy baja de aceite

Retención alta de aceite 
  Fibra con degradación media 
-0,500

  Más amarillo que óptimo   Productividad alta


-1,000

  Valencia Late Almeria

-1,000 -0,500 0,000 0,500 1,000


DIM3G

%#2/G:BB:1 #,/&00%#+%"%1%40 )0%* +0%,+ 0D6E

G:D:E:B:/1 /&01%0/ ./ 0 +10 +)%* +0%-+D

 D:;     

 "/*/"'/%-1+,0"'*C3"/*/"[NQ;K'D
 0("+( '15 %  "0 C  '1!* '(*. -1 J;IN  "0A 
".D
 /'."&&*-1+,0"'*CE\KL;IMD

/ .0.#/0"/ (*'./ / (.(0(  *0.  .1,"+( -1 .3& /0
"'(/"+(; *( 0*/ &/ "./ -1 *(/" 1( 1( 3&*.  3"/*/" .(* &
+,0"'*;//*"(1(&0.0("+("05/."./*(1( ."+(
'">'/;&
L(*/.3&-1&/.0.#/0"//02&0"' .1,"+(
/0(&%*/&3."&(" 0 1.">


KOM 

 

G:D:E:C:/1 /&01%0/ ./ 0 +10 +)%* +0%-+E

 E:;     :

 /'."&&*-1+,0"'*CE\KL;IMD
 .*10"3"&0;*(0./0(*-1/03."/0'15&%*/0(.
1(%,.*10"3">

G:E:,+)20%,+ 0

B: & .("'"(0*  40."+(  ". /0 *(""*(* ,*. & /,";
3." 5 ,.*("  &*/ #0."*/>  ".  (.(% ,*.0 '/
,.*10"3" -1 & ".  &"'+(> ( 1(0*  &/ 3."/; & ". 
(.(% & 3."
 
 
 / '/ ,.*10"3 -1 & 
 
 
 5
./,0*  & ,.*("  &*/ .10*/;
 
 
  
 0"( 1(
,.*10"3"'/&0-1&
 

 
>
K> &'0**&*."+(*(""*(&&"&"."00"> &3(*
* &  0** J *0('*/ ". /"(  ."+(; *( 1(  ; *( &
*&*.,.*,"*5*('5*.,.*10"3">

L>  ."+(&"./03"(1&&0",*/1,.*10*',&*;&


  5  /1 36  & 3"/*/"> / "./ 40.#/ & *. /0( '/
 ./-1&/&."05/0//136/0('/ ./-1&/"./
-1 / !( 40.#*  & ,"&  &*/ #0."*/> *(/".'*/ -1 & *.
*(0"(1(NIW,.*4"'*"&5&./0*/&*5''.(/"(0.B
.,&./>&."0//"'(0&3**(1(W&*"(."*.&LIW5
& "& / &3* X &*> /0 ".(0 ,.*,*."+(  *',*((0/  &
.10; %1/0"" & ".(0 *',*.0'"(0* #/"*B-1#'"* 5 ,*. 0(0*
"/"*&+ "*;&/".(0/"./(&"6/>

M> /"./-1*(/" 1(1(&3 /0(/*"/*(/ 1".1(3&*.


3"/*/".(*&+,0"'*51( ."+('">

N> 4"/0 1( &. ".(""+( (0. & /0.101.  & ". *0(" 
.(%5&"'+(> ".(.(%'1/0.'15,*/,.0#1&/&. /5

KON 

 

/0(0/ &*1&./; -1 0"((  *.'.  . */ (0. &&/ 5 ,*. /1
,.0; ( & ". &"'+( / */.3 1( "',*.0(0 ,.*,*."+(  /0.101./
&. /5& 1(/,.0#1&/ &*1&./>

O> ".&"'+(,./(01(*&*.'/(10.*-1&!'/0*&.&;(
1(0*3.""+(,.*3*(*&*.;(&*/,.*10*/(-1/,&"-1;-1
&".(.(%>

P> "//(,.,..*.'1&"*(//0&/"."00";/"',*.0(0
0(.(1(0&/*&1"&"6"+(&/'1/0./>

Q>  ".  &"'+( / & -1 *(". '5*. 3"/*/"  &/ /1/,(/"*(/;
,.*&'(0 "* & '5*. 0')* '*&1&. ,.*'"*  &*/ /+&"*/
/*&1&/"(/*&1&/> */&3*/3&*./3"/*/"-1,*.0&".
&"'+(  &/ /1/,(/"*(/; ,.'"0".# .*'(.& ,. & /0"&"6"+( 
/"/0'/.(0&/"'(0"+(*.'*>"('. *;/"&*/,.*10*/
&*/-1/)(3(/./*'0"*/&0*/ ."(0/3&*";&".
 (.(% /.# & -1 ,.'"0".# 1( '5*. *(0.*&  & 3"/*/" 1(-1
)"'5*.*((0."+(>

R> ".*0("&,.*/*&,"&&"'+('"(0&'0**J/&
-1,*/'5*./"'"&"01*(&+,0"'**'."&/&"*(>

JI> &*."+("."00"/1(&0.(0"3*',0(05.(0&,.
&,.*3!'"(0*& 1(*&*//1,.*10*/,.*(0/&"(1/0."
0.(/*.'"+(61'*/#0."*/>

KOO 


CAPÍTULOVII



  

  <2%0!*'0''02).!./&-0+-!*'!/
.'!%"/-!).:3+-!'!.)'+-)/)/!+) ' !&*'.+()%<

J<D<'/-)0!*'

 , *3 "2543 &42%3> *3 #*,5*3 15  .,4% , , *  %4  3 ,%* 3.,


2  045*.3%,4 2 *5*2 3,*%".2+ 39 34,*%+%4.30.24 (%.3 #2.315 
,.02 3 ,4,,%,#5,.+5,%%/,.,*.34 (%.315 *.32. ,@3437 3&5*3.
3.3   ".2+ %22 #5*2 02 3 ,4, 5, 4+-. 15  .3%* ,42  I>M 9 I>O ++  
%+ 42.>3.,#*,5*3 .2%# ,*%3.#!,%.59302  3 34,".2+30.2!*5*3
3 2 4.23 , 34.  3%,4 #2%/,>3%,0 24523,%.,54.3@

 3!*5*315 2. ,*3#*,5*3  3 ,%.,4% , ,5,3.*5%/,5.3


 :62 3>3* 39.*.% 3.3534,%3+59.+0* (3 ,+ %.5.3.15  ( 2 ,
% 24 02 3%/, 3.2  !343>   ".2+ 15  * #*,5* .,4% ,  * 3 ,% 3.+ 4% 
5,02 3%/, 452# ,%02.,5,%@5,.*.24 : 5,"254.&42%.3 .*>
*3#*,5*315 .,4% , ,* 3 ,% 34**,9 343* .,% 24"5 2:>*%#5*15 
* * 3%.,2 * .24 :@  3 ,% 3  02.9 4 05*7 2%: , 0 15 -3 #.4%43
.3 27* 3.,5,**+@E  ,%,>JRPMF@34"5 2: 452# ,%3>(.*5*3 
3 #2 #* 3 ,%> 3 +0 -5,00 *%+0.24,4  ,4..3*.3+!4..3 8%34 ,4 3
  842%/, *.3 %4 3 3 ,%* 3 "254.3&42%.3E27 +,>JRNKF@

$/!2)./+"/0%) 

2 50 2%/,  %4 3 3 ,%* 3 "254.3&42%.3 ,*%,5342% 02. 3.>
4% , .3+%,.3"5,+ ,4* 3?

 3/-!*' ' -") 15  02 4 ,  2 50 22 * #*.*   *.3 .+0., ,4 3  


34.3E"2%/,2.+4%9C %+., ,..%3.*7 ,4 ,452*F@24% ,. 5,
+5*3%/, %,%%*> * 2 50 22 , #5 *.3  %4 3 3 ,%* 3 15  3* ,   *3
#*,5*3* 80*.42 343?

J@ .24.23%/, *.24 : *"254. , *02. 3.  842%/, 5+.


15 $  80*.42*3#*,5*39*% 22 * %4 .,4 ,%. , **3@

KOP 

  

K@ .2 32%"%%/, *.24 : *3"2543.05,%/, *3#*,5*3


15 *..,4% , ,>02. 3.02 7%.* 842%/, *5+.@

 +5*3%/, 3 0.34 2%.2+ ,4   ,42%"5# 02 3 022 *.3  %4 3 3 ,%* 3  *


#5@

 3/-!*' +)- %'/&!'/) ) ./!%!*'   * +5*3%/, 02 7%+ ,4 


".2+>., "5,+ ,4*+ ,4 3 2 50 2 *%3.*7 ,4 .C %+., ,.@

*02.54.+37*.2. , *+ 2. 3 * %4  3 ,%*  842%/, ,"2&..


E.*2 33%*F@,+.33%34 +3* 4002 7% 3*.4 ,%/, * +5*3%/,
.2 .#% ,#5  34  %4  3 ,%*>5,7 :".2:.3*%2 *3#*,5*3 *
.24 :15 *..,4% , ,@

34$.2 ,*%,5342%&42% 30-.*>*2 50 2%/,  %4 3 3 ,%* 3 35,


02. 3..,5, "%% ,%*%+%4 ,42  *NI9 *PIU * %4 %30.,%*  ,"254@
., * 3%34 +   230. . 32%"%%/, 02%* 0. +.3 .4 , 2 5, +9.2
"%% ,% ,*2 50 2%/,95,*%4*7 :+9.2 * %4 .4 ,%.@., 34 
345%.3 02 4 ,  +.342215  34. 33&@34.350.,2&5,*2&3%+. , "%%.
02*%,5342%&42%> 30 %*+ ,4 02*.302. 3.2 3  %+/,5.42.3&42%.3>
59. %4  3 ,%*4% , 5,02 %.+3 * 7. , *+ 2.@ +9.2 "%% ,% ,
* 2 50 2%/, 952&  * 2 7%4*%:%/,   34 %,5342% 15  34 6*4%++ ,4 
3% ,.05 34 ,2% 3#.0.2%7 23.342(.3% ,4&"%.33.2 *.3 " 4.3, #4%7.3 *
.,35+. 5+.3 ,*% 4935%,"*5 ,% , * 322.**.  ," 2+  3.+.
*% 4 3@

  +,    %4  3 ,%*   %+/, 7 , 5+ ,4. , * + 2. 0.2 *


%7 23%"%%/, 53.  34  ,%" 2 ,4 302.54.3"%,* 3?

 2.+3*%+ ,42%.39 53.%,5342%*@


 .3+!4%@
 %3.*7 ,4 3@
 4@

KOQ 

  

9.42.30 4.%+0.24,4  *2 50 2%/,  %4 3 3 ,%* 3 *.3&42%.3@*


 %4  3 ,%* 3 5, %.% 15  0 2(5%2& 5*15% 2 02. 3. 0.34 2%.2   *.3
 3 $.30.2" 2+ ,4%/,>%+0%% ,..%"%5*4,. 34@*5+ ,42* "%% ,%
 2 50 2%/, ,*"254>%3+%,5%+.3 *2 3%5.  34  ,*.3 3 $.3"%*%4,.
35" 2+ ,4%*%90.2 **.%3+%,59 ,. *%+04.+% ,4* *%,5342%90.2
.,3%#5% ,4 15 3 5,02. 3.+33.34 ,%* @

J<E<.0%/).4!.0.!*'

  2 *%:2., ,39.3 ., * 15%0.     02 345%2 * "%% ,%  
2 50 2%/,    %4  3 ,%*  * %+/,> ., %" 2 ,4 3 .,%%., 3 . 72%* 3  
02. 3.@

J<E<D<-!%.%+-).);0'!)'&!'/)%,0!+)

* 15%0..,34 5,.32.%**.3.+05 34.3 %3.3 ,4.3 ,3+*.3 ,5,


( @ 9M%" 2 ,4 3 ( 3 ,5,+/5*.9 8%34 ,+.7%+% ,4.3%" 2 ,%.3 , 34.3
( 315 05  ,3 2.,42.*.3?

 .4%/,?  5,3  4 2+%,3 2 7.*5%., 3 0.2 +%,54. E20+F@   05  


3 * %.,2Q%34%,437 *.% 302 *02%+ 22.%**. +/5*. M>
15 ,.*.3.42.3L2.%**.3#%2,.5,7 *.% 2 % ,4 2 30 4.*
02%+ 2.92 *%.,+4 +4%+ ,4 .,*7 *.% *02%+ 2.@
 23*%/, 8%*> + % , ,;   7  3 0.2 +%,54. E30+F@   05  ,
3 * %.,2N%" 2 ,4 37 *.% 3 423*%/,8%*@

3&> ., Q 2.4%., 3 9 N 7 *.% 3 8%* 3 4 , +.3 MI .+%,%., 3 0.3%* 3  


"5,%.,+% ,4.> .4 ,% ,. %" 2 ,4 3 #2.3    
 @ 34 3   "%,  .+.
.+%,%/,  * +.7%+% ,4.   2.4%/, ., * +.7%+% ,4. 8%*   423*%/,@ 2
5,"254+3*,>.,0.. 30 3.2 .24 :>.15 02 3 ,4".2++32 #5*2
E2 .,F>3 54%*%:,#2 3%7% 3+3(3@.,5,"254+3%22 #5*2E.7*F>9 
5 , 30 3.2   .24 :> 3  05   54%*%:2 +9.2 #2 3%7% 9 .4 , 2 + (.2
2 50 2%/,  *  %4 @ 9 15  .,3% 22 15  423 * 842%/,    %4  0.2 *
> 3  842  * 5+. , * 8424.2 9 ,. 3    2&  #22 * "254 , *

KOR 

  

32%"%%/,0.215 3 0 2(5%2& *2 ,%+% ,4. ,5+.@.2 **. ,*.3 ,39.3


2 *%:.3 3  2 *%:2 * 345%.   * " 4.   *.3 %" 2 ,4 3 "4.2 3 , *
2 ,%+% ,4.  842%/,  %4  3 ,%*9 *5+..4 ,%.@

 +3>$9.42372%* 3.,3% 22 , *42(. * 15%0..+.3.,?

 5* #5+ %. ,*%42.3B$.2@34#5"*59 .,42.22% ,4 .,*


"2542 .#  * %4  3 ,%*15 3*  *"254>".2+,.5, +5*3%/,.,
5,., ,42%/,  %4  3 ,%*15  0 ,   34 5*@
 ,4%   "254 02. 3 0.2 $.2> 15  3 *. +%3+. 15  4% +0.  
0 2+, ,% , * 02. 3.   32%"%%/,   %$ "254@  +9.2 4% +0.
+3 32%"%%/,> +9.2 2 50 2%/,    %4 3 9 , , #4%7.> +9.2
 %*%4+% ,4. * 3425452.%,4 #2% *"25415 0 2(5% *02. 3.
  842%/,   :5+. 9 4+%!, +9.2 0.24    3/*%.3  * +5*3%/,
$% ,.+3%"&%**3 02%/,0.34 2%.2 * +5*3%/,@

J<E<E<'.4).3/-!*'!/.'!% !&*')' 

., 34  345%. 3  02 4 ,  "%(2 *3 .,%%., 3   42(.  53 02


.04%+%:2 * 2 ,%+% ,4.  * 15%0.  , * 02. 3.   842%/,    %4 3
3 ,%* 3>3%,0 2(5%2* 842%/, *:5+.@2 **.3 .,3% 2,*33%#5% ,4 3
72%* 3?

J@C% +0. 0 2+, ,% *"254 , *02. 3. 230..)# "254


 02. 30.2$.2@

K@C5* *%+ ,4%/, #5*.2 E4.+..+.*%42.3B$.2F@

L@C *.% 2.4%/, *.32.%**.3E20+F@

M@C *.% 423*%/, *.32.%**.3.+.7%+% ,4.8%*E30+F@

*.33%#5% ,4 302+ 42.33 #5%2?

@ .,4 ,%. , %4 4.4*%30.,%*  ,"254,4 3 *230.@


@ .,4 ,%.4.4*  %4  ,"254423 *02. 3. 230.@
KPI 

  

@ "%% ,% 2 50 2%/,?U %4 .4 ,%.2 30 4.*%30.,%* @

J<E<E<D<-)!&!'/)

  $, 2 *%:. N ,39.3  , *.3 15  3  .,42.*, *.3 02+ 42.3 %,%.3@  


4.+,72%3+5 3423 * +5*3%/,5,7 :"%,*%:. * ,39.> +3 4.+2
+5 3423   * "254 ,4 3 9  305!3   3 2 02. 3 , * .2 > ., * "%,  
*5*2* "%% *02. 3.@

* 315 +*3%.  842%/, * %4  3 ,%*>52,4  *02. 3.  842%/,


 * :5+.> , * 8424.2> 3  05   7 2 , *
+# , P@J @ , *
+# , P@K> 05  
7 23  * 315 + 02. 3.%,.20.2,. * 15%0.@ %,*53%/, * 15%0. 
230. 302 7%*02. 3.  842%/, *:5+.9*05*0@

Esquema de extracción actual Esquema de extracción modificado (MORE)

Lavadora Lavadora

Cinta transportadora Cinta transportadora

Extractora MORE
Extractor de aceite esncial

Zumo Emulsión Cáscara y core Emulsión

Finalizadora Tamiz Vibratorio


Tamiz Vibratorio Secado Baja Presión

Pasterizador Finisher Paletas


98ºC 5´´ Finalizadora

Centrífuga
Concentrador Finalizadora+Pulidora
(evaporador) tratamiento enzimático
32ºC
5ºC (salida) Eceite Esencial
+
Ceras
Tanques
2-3ºC Deslodadora
N2 Eficiencia=75% Limón Raspado
8000/10000rpm

Fase Pesada Cinta transportadora


%ae= 0,177 Alimentador
(se recircula)

Extractora
Emulsión rica
%ae=79%
Zumo Cáscara y core

Pulidora Finalizadora
Eficiencia= 90% Secado
16000/18000 rpm

Aceite Esencial Pasterizador


+ 98ºC 5´´
Ceras

Concentrador
(evaporador)
32ºC
5ºC (salida)

Tanques
2-3ºC
KPJ N2 

  

&' J<D< .,0&  +-).)  &' J<E< .,0&  +-).) 
!&*' %.!)9 +- 3/-!*'  !/. !&*' )' !')-+)-!*' % ,0!+) 9
.'!%.950&)4+0%+ +- % )+/!&!5!*'  % -0+-!*' 
!/..'!%.
J<E<E<E< .-!+!*'  %). '.4). -%!5). )' % ,0!+) 9 ' % %"' 
+-).) !&*'<

J<E<E<E<D<-!&-./'.4).<

* 15%0.02.4.4%0..2 4% , 5,0% 02. 3. "25472%* 15 72&


  LII  OII )# B $.2   "254 5,15  34  02.4.4%0. 05    (53423  02 .423
,4% 3 + ,.2 3 9  0 ,  3% +02    * %,4 #2%   * "254@ , 34.3 N
,39.3>2 *%:.3 ,42 9.9 5,%.>3 "%(/5,4% +0. 02. 3.495,7 *.%
 2.4%/,J9423*%/,K *.32.%**.3.,34,4 3>4+%!,3 "%(/ *5* 
#5 *%+ ,4%/,?

J@ 4VJI+%,54.3
K@  *.% 2.4%/,JVPI20+> , *02%+ 22.%**. *.15  M@
L@  *.% 23*%/,KVLI30+@
M@ +%!,3 "%(/ *5* #5 *%+ ,4%/,02*2 .#% * %4 >*
15%0.VJ@M#@0@+@VLJR*B$.2@

'.4) 0/ %!- -0/+-).


D %+/, 2, %,*%22 JJQ@R
E %+/, 2,9%,. %,*%22 JIJ@J
F %+/, 2, %,*%22 KII@I
G %+/, 2, WQI++ JLQ@R
H %+/, 2, OODQI++ LNJ@I
%J<D<'.4).+-).)%!&*'.+()%  


KPK 

  

.0%/).%).'.4).<

,*4*P@K3 +5 342,*.37*.2 3  %4  3 ,%*.4 ,%.3 ,*.3 ,39.3

 '.4)D '.4)E '.4)F '.4)G '.4)H


 @@ #B4., @@ #B4., @@ #B4., @@ #B4., @@ #B4.,
 L>PQ N>IL K>KO K>QP K>RQ
  I>M I>QM I>PQ I>QP I>O
!!'!-.+) QR@MJU QL@LIU ON@MQU OR@OQU PR>QOU
%J<E<.0%/).'%"/!).%).'.4).<.'!%

&'J<F<)/).-0/'/.4.+0.%+.)+)-% 

34.302%+ 2.32 35*4.3,.3+5 342,5,4 , ,%5+ ,42* "%% ,% ,*


2 50 2%/,  %4  3 ,%*5,.5+ ,4 *4% +0. 0 2+, ,% *"254
, * 15%0.@+ ,.2,4% "25402. 30.2$.2>+4% +0. 230.>
+9.2 "%% ,% ,*2 50 2%/,  %4  3 ,%*9 3425%/, *%,4 #2% 
*"254@

J<E<E<E<E<'.4).3/-!*'!/.'!%)'2-!!*'%2%)!
%!&'/!*'<

KPL 

  

2 4 , +.37 2* "%% ,% 2 50 2%/,  %4 3 3 ,%* 3 * %+/, 30-.*
., %" 2 ,4 3 7 *.% 3   *%+ ,4%/,   "254 0.2 $.2 9 .+. " 4 34
2 50 2%/, + %,4  32%"%%/, . 230.   * .24 :> 02 7%.  * 842%/,
 *:5+.@

 "%(,*3.,%%., 3 42(. * 15%0.?

  *.% 2.4%/, *.32.%**.3JVPI20+@


  *.% 42,3*%/, *.32.%**.3KVLQ30+@
 5* #5 *%+ ,4%/,VKMI*B$@

 +.%"% *4% +0. 0 2+, ,% *"254 , *.2 72%,.*7 *.% 


*%+ ,4%/,  34@ "%(,L ,39.3.,L%" 2 ,4 35* 3 "254*%+ ,4?

 ,39.@ *.% *%+ ,4%/,JINI)#B$@% +0. 230.?JA@


 ,39.@ *.% *%+ ,4%/,MNI)#B$@% +0. 230.?KA@
 ,39.@ *.% *%+ ,4%/,LII)#B$@% +0. 230.LA@

.0%/).%).'.4).<

'.4) = )--0/ << =/-0/ << =/-0/ O O0&) O0&)-0/


+-). '/.  .+0.  !!'! -0/-. -.+

 J@INI O@MI J@PN PK@PL MK@I MJ@I


 MNI O@JP J@LO PP@RN MK@N LQ@N
 LII O@NM J@LR PQ@PQ MJ@Q LQ@N
%J<F</).%'.4)-.+))'% )-+-%-0+-!*'!/..'!%.

 .3 2715  *+8%+.2 ,%+% ,4. * 15%0.3 .4% , 02*7 *.%%," 2%.2
 *%+ ,4%/, *"254.+9.24% +0. 0 2+, ,% *"254 , *02. 3.
  230. LII # B$ 9 LA   0 2+, ,%@ +%!, 05   7 23  , * 4* 15  *
5+ ,42 *230.%3+%,59 *.,3%34 ,% *"25490.24,4.>352 3%34 ,% ,
* 02. 3.   842%/,> 0 2(5%,. 34  9 .4 ,% ,. 5, 2 ,%+% ,4. , :5+.
%," 2%.2@ +.3 05 3   532 5, 15%*%2%. 15  +8%+%  +3 842%., 3@ 
#2 3%7% *3%34 +5+ ,4*5+ ,42 *230.?

KPM 

  

 34% +0. *"254 , * 15%0.>+ ,.37.*5+ ,02. 3.@


 37 *.% 2.4%/,@
 37 *.%8%*@

.+%,%/,  34.3 * + ,4.3,.30 2+%4 +8%+%:2 *02. 3. ,2 50 2%/,
  %4 3 3 ,%* 39:5+.@34+8%+%:%/,3 $2 ,"5,%/, *4%0. "254@
9"2543.,.24 :#25 392 3%34 ,4 *230. %+/,3,2%,>3% ,.+3
%"&%*   02. 32  427!3  *  34 6*4%+@ * 34.   +52 : $  0 2 2
4 235292 3%34 ,%*.24 :9 3+3%"&%*2 50 22 * %4 0.2 32%"%%/,

J<E<E<F< '.4)  3/-!*' 4 0+-!*'  !/ .'!%  !&*' )'
-)/)/!+) )-4'/-"0%> 2%?+23HCJ/DG@<

 ., 34  ,39.3 02 4 , 7 2* "%% ,%  842%/, * %4  3 ,%*


,5,3%34 +.,4%,5..+.3 02 3 ,42& ,5,%,5342% 02. 3. &42%.3@
 *%+ ,4%/,   "254 "5    LII )#B$> , * 15  * "%% ,% "5  +8%+ , *
,39.,4 2%.2915 350., 5,4% +0. 230. L+%,54.302.8%++ ,4 @

-)!&!'/))' !&*'-'


*%+ ,4%/,    * %/, < 0+>
+ 842%/, 5+.
84

 "254@ 
-!*'!/ 
%,*%, 


 +5*3%/,
+5*3%/,
+5*3%/, 0&)
0&)


!/  ,42%"5#%/, ,5, 7*5%/,5*%44%79
 3.*
3.* 40@E*"*7*F 5,4%44%7
.'!%
.'!%%


7*5%/,
5%/, 5*%44%7
5

95,4%44%7@

&'J<G<3/-!*'!/.'!%' !&*'.+()%)'+-)/)/!+) 




KPN 

  

3.,%%., 3 02. 3."5 2.,?

C *.% *%+ ,4%/, *.2 ?LII)#B$@L+%,54.3 230.@

C *.% 2.4%/, *.32.%**.3?PI2@0@+@

C *.% 423*%/, *.32.%**.3?LQ3@0@+@

C5* *%+ ,4%/, #5 **3?KMI*B$@

   02. 32., 02 7%+ ,4  MQK )#   %+/,  2, 02 .4 , 2 5,
., ,42%/, %,%%*  5    %4  , * +5*3%/,  * 15%0.> .4 ,% ,. 5,
., ,42%/, ,  %4    I@QLKU@ , 7 : ., ,42 * +5*3%/, , * *3  *
02.4.4%0.> 3   02. 3/ * 2 34.   * "254> JIQK #@   %+/,  2, 02.  ,4   
52%>,.*%2.@*.,4 ,%. , %4  3 ,%*E!4...44F> ,*"254"5 
  N@L )#    %4  %30.,%*  , J@III )#   254@ 23 * 842%/,> 15  52/
02.8%++ ,4  L@N $.23> 3  2 .#% 2., 5, 4.4*   PII *%42.3   +5*3%/, 3%,
0 ,33/*%.3 ,3530 ,3%/,,%42.:.3 .24 :15 %,%,15  *230."5 +59
357 935"%% ,4 022 50 225,,4%%+0.24,4  * %4 %30.,%*  ,*
"254>3%,0 2(5%235.,3%34 ,%@  .,3% 223  *53. 5,,4%%," 2%.2
 #502.,3 #5%25, +5*3%/,.,5,., ,42%/, %4  *+ ,.3JU@
2*2 50 2%/, * %4 3 42(/., ,42&"5#*"C 7*ENIPJMF
  ".2+ 15  423 .3 $.23   "5,%.,+% ,4. 3  2 50 22., M *%42.3    %4 
3 ,%*@

.32 35*4.3.4 ,%.3"5 2.,?

-0/ -0/ << =/ << =/ O!!' O0&) O0&) 0!*'
+-). -0/ -0/ -.+) -0/ -0/ '!&!'/)
'/. .+0. -. -.+ O
 

%+/, JIQK N@KLQ I@MQO RI@P MN@J MI@J N@I


 2,

%J<G<.0%/).%).'.4).-0+-!*'!/.' <-).)!'0./-!%
)'/!'0)

KPO 

  

,*3"%#523P@J@9P@K@3 .3 27* 7.*5%/, *.,4 ,%. , %4  3 ,%* *


+5*3%/, , * 02. 3.   842%/,> 3& .+. * 7.*5%/,   * % :   *
+5*3%/,@5,.2 %25*+.3 *#5 * +5*3%/,423353 02%/, , ,42&"5#
9 02 7%. "%*42.   34  I@IKI ++> %,2 + ,4+.3 * .,4 ,%. ,  %4    *
+5*3%/,+,4 ,% ,.*#2 3%7% *230.0.2 *2 3%5*  %4 2 +, ,4 
423* ,42&"5#@ .+%3+.35  .,*% :>3%2 %25*+.3 *#5@ +3,.3
5,%  *#2 3%7% *230.@,# , 2* *230. 3+59357 0.215 
,.# , 20 ,33/*%.3 ,* +5*3%/,>3% ,."%*  ,42%"5#2@

1,00

0,50

% A. Esencial
0,00
A0

1h

2h

3h

4h

!0- J<D< 2)%0!*' % O  !/ .'!% ' % &0%.!*'  0-'/ 3/-!*' '
+-)/)/!+) )-

0,10

0,05

% A. Cítrico
0,00
A0

1h

2h

3h

4h


!0-J<E<2)%0!*'%O!)"/-!)'%&0%.!*'0-'/3/-!*''+-)/)/!+)
)-

*7.*5+ ,  +5*3%/,2 .#%."5  PII*%42.3>34,4 *%+0%>3%,2 3%5.3 "2%4


9.,+590..33/*%.3 ,3530 ,3%/,>.,5,., ,42%/,72%* +59"%* 
3 022 E %#52 P@J@F@ * 7.*5+ ,    %4  3 ,%* 2 50 2. ,  ,42&"5#  
 "5  M@K)#>.,3% 2,.* "%% ,% *3 ,42&"5#3> 4@

KPP 

  

23 * 2 50 2%/,  *  %4  3 ,%*> 3  $%:. 5, 842%/,   :5+. , *
8424.2 C%,*%, >.,"2543%,0320.2 * 15%0.9.42.,"254423 *
03.0.2!*02.+0222 ,%+% ,4.3  842%/, :5+.@ 02. 32.,OI #@
  "254 "2 3 9 OI #@   "254 02. 3 0.2 * > *.3 2 35*4.3 "5 2., *.3
3%#5% ,4 3?

57,92
60
40,08
50 45,17 50,75
40

30

20

10
Fruta procesada
0
Fruta fresca
Zumo
Corteza

!0- J<F< '!&!'/). ' 50&) 4 - 5) )/'!). ' 3/-/)-
 > !' %!'  '/. 4
.+0.%+-).)'+-)/)/!+) )-

  .3 27 5, %3+%,5%/,   :5+. 2 50 2. 9  5, 5+ ,4.   *.3  3 $.3
E.24 :> 3 +%**3> 4F , * "254 02. 3 ., * > "2 ,4   * "254 ,.
02. 3@  "254> 423 032 0.2 * >  02 3 ,4 5, + ,.2 .,3%34 ,% 15 
0 2(5% * 842%/,   :5+. , *3 8424.23 @ 34 %" 2 ,% , *
2 ,%+% ,4. 5+.2 50 2. 0 ,  *#2 3%7%0*% , *@

J<E<E<G</-).'.4).3/-!*'!/..'!%.)' <

 $%% 2.,%" 2 ,4 3 ,39.3., %+/,9.42.3&42%.3.,%" 2 ,4 3.,%%., 3


 02. 3.15 % 2.,2 35*4.3 , "%% ,% 2 50 2%/,  %4 %" 2 ,4 3@

$&+%)D@2%* 3 02. 3.?

•  *.% 2.4%/,2.%**.3?PI20+
•  *.% 423*%/,?MI30+

KPQ 

  

• 5* #5?L@K*B+%,VJRK*B$.2@

2 %" 2 ,4 3 5* 3   "254> .4 , +.3 %" 2 ,4 3 "%% ,%3   2 50 2%/,
  %4  3 ,%*2 30 4.*%30.,%*  *"254@+%!,3 02.5 ,%" 2 ,4 3
7*.2 3.,"2543%" 2 ,4 3@

-0/ =  -0/ !!'! -0+-!*' O !/ =  -0/ !!'! -0+-!*' O !/


+-). 0+-)=<!.+)'!% +-). 0+-)=<!.+)'!%

!& 3!) FCC JD<I HCC HJ<H


-&)/ FCC LC<D HCC KI<D
)&%)-)$) FCC JL<I HCC JI<E

%J<H<%)-.!!'!-0+-!*'!/.'!%"/-!).' 

*5+ ,42 *5* "254%3+%,59  *4% +0. 0 2+, ,% *"254 , *


230. 9 %3+%,59  * "%% ,%   2 50 2%/,    %4  3 ,%*   * "254>
2 30 4.*%30.,%* @
#5*35  *72%2*#2 3%7% 230.>*5+ ,42*>
5+ ,4 * 2 50 2%/,    %4 3 3 ,%* 3 9 %3+%,59  * .,3%34 ,%  * "254.>
%3+%,59 ,.352 ,%+% ,4. ,5+.> ,* 8424.2@

$&+%)E<

%.,4+.3.,*3+%3+3.,%%., 3 42(.,4 2%.2 3>+,4 ,% ,. *+%3+.


5* "25402. 30.2$.2972%,.*#2 3%7% *230.>72%,.*
7 *.% #%2. *.32.%**.3@5+ ,4*2 50 2%/,.,*#2 3%7%@

 *.% #%2. U"%% ,%2 50 2%/, %4 33 ,%* 3

NI20+ RK@I
OI20+ RL@L
PI20+ RQ@K
%J<I<%)-.!!'!-0+-!*'!/..'!%..1'%-.!2!

J<E<F<G<%!%!/.'!%/'!)

  7*5/ .2#,.*!04%+ ,4  *  %4  3 ,%* .4 ,%. 02. 3,. * "254 ., *
> .+02,.*. ., * .4 ,%. %2 4+ ,4    * 8424.2  %, *%,  9 *

KPR 

  

.4 ,%..,5,3%34 +%" 2 ,4 4+%!, 230.@ 02 3 ,% .+0., ,4 3


.8%.372& *.*.2 * %4 7%3%* + ,4 > 7.*5%.,,.5,.*.2+3.352.9
+ ,.3 *%+0%.@ 5,. * 3%34 +   842%/,    %4  3 ,%* 3 #2 3%7.>
%,.20.2%2  , *02. 3.15 ** 7*.8%%/, *#5,.3 353.+0., ,4 3
7.*5%.,,.5,.*.2+3.352.@,*"%#52P@JP@5  7 23 5,.+024%7
 *.*.2 * %4  3 ,%*.4 ,%.0.2%" 2 ,4 34 ,.*.#&3  842%/,@

 %,*%,  42.3%34 +




&' J<H< )/)-"  !-'/. &0./-.  !/ .'!% )/'!) )' !-'/.
/')%)".

 %" 2 ,%   .*.2 3 *2  3%+0*  7%34@ %"&%*   + %2 ., *.3 3%34 +3  
+ % 34,2  %.  * 2 "* 8%/, 15  *  %4  02 3 ,4@ .3 .+0., ,4 3
.8%.3 , *5#2 * .352 %+% ,4.   * +5 342 9 34. %+0*% 4+%!, *
*4 2%/, *0 2"%*2.+4%. * %4 @02  ,+3,.432,%3@

5,. 3  .+02, 3%34 +3   842%/, 3%+%*2 3> 024    .,3 #5%2 5,
7% ,4 7 ,4(  "%% ,%., *3%34 +>3 .,3%#5 , %4 3.,%" 2 ,4 
0 2"%*.+0.3%%.,*90.24,4.>2.+4.#2"%.

KQI 

  

)&+)''/  3/-/)-!'%!' /-).!./&-.+)

 <D <E <F <D <E <F <D <E <F

α >!'' E<IK D<LL E<IK E<FJ E<CK D<LJ E<DH D<KH D<JI

&+ ' C<CH C<CG C<CH C<CH C<CG C<CG C<CG C<CF C<CF

β >!'' K<GK I<JE K<FI I<LE I<HK I<DF J<CI I<HH H<LG

4-' D<II D<DL D<IK D<FJ D<EE D<CK D<DI D<CI D<CC

>!&' C<GH C<GF C<GK C<GC C<EH C<EK C<FI C<EE C<EH
%J<J<!-'!')&+).!!*'%0').)&+)''/.%).!/..'!%.F
.!./&.<;-.0%/).

J<E<G<!.0.!*'.0%/).<

.,4%,5%/,3 +5 342 * 315 + *02. 3.42%%.,*?PIU+ % 842%/,@

&'J<I<!./&/-!!)'%3/-!*'!/..'!%."/-!).'3/-/)-
0&)

 7*5%/,  * 3%34 +   2 50 2%/,    %4 3 3 ,%* 3   "2543 &42%3


05   $ 23  .+02,.*. ., * 3%34 +   2 50 2%/, +3 54%*%:. , *
5,.>* 842%/, * +5*3%/, ,* 8424.2%,*%, > ,*"%#52P@O@

KQJ 

  

E@ !./&3/-!*'<.'!%.)'-.+) <KHO-0+-!*'<

&'J<J<!./& -0+-!*'<.'!%.

5  *,:23 5,2 ,%+% ,4.+ %.350 2%.2*QNU , %+/,>.,*3.,%%., 3


 02. 3. 53>+59350 2%.2*.4 ,%.., *3%34 +42%%.,*@

% .,3% 2+.3 5, .,4 ,%. + %. ,  %4  3 ,%*  * %+/,  2,   I>NN U>
.+02,.*.3.33%34 +3>*2 50 2%/,3 2&?

!/)/% <<=/ <<=/

!.+)'!%'-0/=/ ?!./&-!!)'%@ ?!./& @

H<H  L@QN)# M@OP)#

%J<K<)&+-/!2!/-0+-);!./&-!!)'%. 

34  %4 .4 ,%. ,* +5*3%/,3 20.34 2%.2+ ,4 3 02. , ,42&"5#315 
357 :4% , ,5, "%% ,% *RIU02.8%++ ,4 @

,*4*P@R@3 7  * %4  3 ,%* 84215 0 2+%4 15 3 2 50 2 >*54%*%:2 *


3%34 +>"2 ,4 *3%34 +42%%.,*@

KQK 

  

<<!.+)'!% )'%. <<0+-)-!!)'% <<0+-) 


-0/

NN JI LQ@N MO@P

NNI JII LQN MOP@I

NNII JIII LQNI MOPI@I

%J<L<'/!.<.'!%-0+-))'%).E!-'/..!./&.

J@III4., *3  %+/,02. 3305  350., 25,%" 2 ,% QKI)# 


 %4  3 ,%* 842 15  3  .4% ,  ., * 3%34 + @ .,3% 2,. * 02 %.
45* * %4  3 ,%* +3 LI52.3>350., 5,%,2 + ,4.%+0.24,4  *
2 50 2%/,@

,0*,4 02. 3.  %+/, , * %4 22, .02. 35,+ % LI@III
4., *30.2-.>*.15 05  350., 25,.3KM@III)#  %4  8422 50 2.@
3 PII@III 52.3 %,2 + ,4. 2 50 2%/,>2 30 4.*3%34 +42%%.,*
,+0- 02. 3.@

J<F<)'%0.!)'.

 %,.20.2%/,  5, *&,    02. 3.   %+/,   5, 3%34 + 02 7%.  *
842%/, *5+.> 2 50 2%/,  %4 3 3 ,%* 3.2   > ,*%+., 3
 *72%  2,9%,. 30->35053. *%,2 + ,4. *2 50 2%/, 
 %4  , * + ,.3 5, JN U> 15  350.,   I@N # 0.2 4., *   "254 02. 3
+&,%+.@

 *%  *  %4  .4 ,%. 3 *2+ ,4  350 2%.2 , 2.+ 9 .*.2  *  *


 %4 .4 ,%..,.,* 8424.2 %,*%, %2 4.9*.4 ,%.+ %,4 .42.
3%34 + 230.@.,3% 2,.15  34  35,02.54..,35+%. ,0 2"5+ 2&
"5,+ ,4*+ ,4 > * + (.2 5*%44%7  * 02.54. .,** 7 5, + (.2 , 35
.+ 2%*%:%/,@

* +, (.  * 3%34 + 3 "%* 9 02 3 ,4 +5$3 .0%., 3   .+%,%/,  
02+ 42.3   42(.@  .+%,%/,   *3 72%* 3   "5,%.,+% ,4.> 3 #6, *

KQL 

  

*% *"25402. 3>05  .,3 #5%25,2 50 2%/,5,KIU350 2%.2*


.4 ,%.,* 8424.2%,*%, @

 +5*3%/, .4 ,% + %,4  3%34 +   842%/, .2  4% ,  24 2&34%3
%" 2 ,4 3    *3   .423 +5*3%., 3> 2 50 23 ., 4 ,.*.#&3 %34%,43 9 15 
$ ,15  * %4 3 +3"%*+ ,4 3 02* @

• . 02 3 ,%   "2%4@ 34. %+0*% * ,. 0*%%/,  * "%,%3$ 2 , * 02. 3.  
2 50 2%/,90.24,4.*3%+0*%"%%/, %$.02. 3.@

• (. .,4 ,%. , 0 4%,> "%*%4,.3  3& * 2 50 2%/,  *  %4    *
+5*3%/,@ (.2 "%% ,% *3 ,42&"5#3@

• ,.2.8%%/, *.3.+0., ,4 3 * %4 >.*.2+3*2.@

•2.++3"2 3. * %4  3 ,%*.4 ,%.@

•.02 %0%4%/,  23> , * %4 .,3 27.I;>52,4 Q$.23

KQM 


CAPÍTULOVIII



  

     

•  *,*2'$ " -#&  #'$  (*&$ +(%&"5 #$, "
,*#$'$  "&+ (*#,*&+ *&&+ $ " -  *$  

(*-#& #'$5$&+(*#,*,*2*+,6
• &+-#&+"#'$+(%&"+(*+$,$"-$&+(*#,*&+)-$&-#("$
&$"-
(*-#& #'$6+,+*$+$&+$""/*
-$*/+'$-(**&*"+*,*+,+"2-#&+(%&"6
• *#,*&+ &#& & ,*&5 2 /"&*"5 6 #"&5 "&5 #$+&5
(&,+&5$2+1"#1&*#$&&++#-+,*(&*!&"*$&
+,"&$"-
6
• &+ *+-",&+  " *,*2'$ 1 +- *- &$ ,&+ "#,&+ #-+,*$
)-"+&$&$+"#,+,$/*+&+(*#,*&+6
• $ (*&&+ &$ $&+ ,*&("+5 (*#,*&+ &#& " & ,*&5 2
/"&*"5 & +'*&5 #"&5 "&5 #$+&5 (&,+&5 $2+ 1 "
#1&*  #$&&+ + #-+,* (&* !& & #-1 *$&+ " "#,
$*&*"*$&
**$6
• -$&"(*&&"#,&+,&#*&(&*"*&+(*&&++)-5
(*#,*&+ &#& *-,&+5 +*&+5 "& & +&&5 #-+,*$ /"&*+
(*'0#&+"&+$/"+$*&*+"&+*$&+"-
(*2-#&
#'$1$&+&$+(&*!&"&+"#,+6
• 1&,*&+(*#,*&+&#&""*,&,*&7 +&,*&5&,*&1$2+
)-(*+$,$/"&*(&*$#""#,#0#&+,"&$"*$&
"-
(*2-#& #'$6
• "$-,*&$""&+2-#&+"#'$+/,"*#$,(&*"+
&$&$+"#,+6
• "&"&*"2-#& #'$+/,&(&*(*#,*&+&#&"$,
(-"(5 +'"&+ +&"-"+5 &#(-+,&+ &*$&+ 1 *&  &$$,*'$ "
2-#&6
• $ " (*&+&  #'$ (* " &,$'$  -#&5 1 *&$+ "
(*&+& )- ,-"#$, +&$ ++ 1 )- (-$ -,"2*+ (* "

<?= 

  

&,$'$  *  "#'$5 &$ -$+ *,*+,+ #-1 +#"*+  " *
(*&$,&,*&+,*&+6
•  &,$'$  *  ,*&+5 (*&$,  *&$+ ++ "
(*&+& $-+,*"  +,&+ $ 2-#&5 ,$ -$ #(,& #-1 (&+,/& $ "
+&+,$" " (*&+&5 +#$-1$& "&+ /*,&+ 1 /*+$& "
(*&-'$6
• "&*'$*,,+-$",*$,/&#(,$,1*$,"(*
" (*&/#$,&  "&+ +-(*&-,&+ (*&$,+  " $-+,* 
,*$+&*#'$2-#&+,*&+6
•  *-(*'$  ,+ +$"+  #'$ 1 &,*&+ ,*&+5 #$, "
*+(& (*/&  " 0,*'$ " 2-#&5 -,"2$& " ++,# &* 
5
-#$, +$,/#$, " $  " *-(*'$ $ "#&$+  "
/**$1$&(*&$+(%&"6
•   *-(*'$  , +$" " #'$  &$ " ++,# &* 

&#(*& &$ &,*&+ &+ ++,#+ 8*&$" - &,$& $ " 0,*,&* 1
&,*& ++,#  *+(&9 - #-1 +-(*&*6 +, #1&* $ +-(&$ -$
$*#$,&"&+$&+"&"+"(*&+&6
•  " " , &,$& &$ " ++,# &* 
 - "*#$,
+-(*&*$*&#1&"&*-")-*"&+&,*&+&+,+&,$&+&$
"&+ ++,#+ &$ "&+ )- + &#(*'6  #!&* -",,/ " (*&-,&
&$""/-$#!&*$+-&#*"2'$6
• " #$!& " ++,#  + " 1 (*+$, #-+ &(&$+ 
&#$'$  (*#,*&+  ,*!&6  ("'$  "+ /*"+ 
-$&$#$,&(&*&$+-*-$*-(*'$.$#1&*"&,$6
• #-"+'$&,$#$,++,#*-(*'$,++$"+
&* ,$ -$+ *,*+,+ #-1 *$,+   "+  &,*+ #-"+&$+5
*-(*+&$,$&"&++,$,+1+#(""(*&+&+(*'$"
,1*-"&$+-#&$*6
• +,&+ (*&+&+  *-(*'$ +-(&$$ -$ ",*$,/  #!&*  "
$  *-(*'$ +-(&$ #+ -$ #!&*  " +&+,$"
"&"1+,*(*+$,$-")-*(*&1,&(*&+&,*&+6

<?> 


CAPÍTULOIX


-%12(+


  

  

1$"1"&'/5HYaa]K1%',;':'3%,"1&'1,263795&<%,&5'3:7"4"K53;9,$<%,63"
:<'>"1<"%,637599*"3,:25: 3;'93"%,53"1':KK


    
H  ZXY]K 1";")592" A $":' &' &";5:
531,3'K444<)1<0

 ZKXY]K,8<,&)9<,;H"90';'759;K

 5&'5)9"%;,%':K'9:,63$9,1ZXY]K
<-":&'')'9'3%,"7"9"!<25:K

  HZXY]K1,263&':7"4"'3'1<3&5K

 ZKXX`K53:<27;,535))9<,;/<,%'"3&3'%;"9:,3;+'Z\H2*1;**
$0+)**2(/$0F<DDL<

H KKH   H KKH


 H KK Yaa\K '"1;+ $'3'),;: "3&
79"%;,%"1

K ZXXXK )),%,"1 2';+5&: 5) "3"1A:,: 5) ;+' :%,'3;,),% "::5%,";,53 &'1,%";'& ;5
"3"1,;,%"1'@%'11'3%',3;'93";,53"1KY_'&K
",;+'9:$<9*HHK

!ZKXX\K>51<%,63&'1":>'3;":&'B<25:A3(%;"9':'3:7"4"H <'3;'J
01%01$H<

! ZKXX^K '3;": 759 :"$59': &' B<25: A 3(%;"9': '3 :7"4"H <'3;'J
01%01$H<

!ZKXX_K:;"&-:;,%":52'9%,5@;'9,59!9'1";,>":"15:"45:ZXX\
"ZXX^K'%9';"9-"&':;"&5&'<9,:25A52'9%,5H'1"$59"&5759!K

             K Ya`\K )),%,"1 2';+5&: 5)
"3"1A:,:KEH1#<0#$*"1+*:;<


Z`_
-%12(+


 HKKYKa_aK "%;59:,3)1<'3%,3*;+')1">595)*9"7')9<,;/<,%'K/+$*"0


+!1#+$16+!$1/$2(12/G;LEJ>LFD<

 !H KKH


 H K Yaa_K <-2,%" &' 1,2'3;5:K '*<3&" '&,%,63K &K
%9,$,"HKK!"9"*5B"H77K[[^O[[_H[]YO[]]H``\K

 P
 H KI   KI  H KKI H K     KK
YKaa_K :': "3& 7957,'9;,': 5) %,;9<: )1">535,&:K +2/*( +! "/$2(12/( * ++
#)$01/6HI:HIDI>HIEI<


!H KH H KH
 H KH
 H K ZXX[K 95$1'2#;,%" A
75:,$,1,&"&': &' "795>'%+"2,'3;5 &' 15: :<$795&<%;5: *'3'9"&5: '3 1" ,3&<:;9,"
"1,2'3;"9," &' 1" %52<3,&"& '%5362,%" '<957'"K ($)*1$,*: .2$-+0 6
*+(+"%Y_]HaYOa\K

 H KKH KH K KH KH KKH Ya^YK <;9,'3;: ,3 "1,)593," 1'253: "3&
59"3*':K K,;"2,3H2,3'9"1H"3&795@,2";'%5275:,;,53K +2/*(+!1#)/$*
$11$00+$1$+*GL@JA:III>IIM<

H KH  H KKH   H K Yaa]K 3)1<'3%," &'1 ;"2"45 &'
7"9;-%<1"::5$9'1"%"7"%,&"&&'9';'3%,63&'"*<"&'1"),$9"5$;'3,&""7"9;,9&'
%-;9,%5:A7,4"K1,2'3;"9,"H`aOaXK

95?3,;9<:527"3AK 3)592"%,63(%3,%552'9%,"1KZXY\K

H KKH  !H KH  H KKH H KKH YaaaK  &';'92,3";,53 5)
59*"3,% "%,&: ,3 7,3'"771' /<,%': "3& 3'%;"9:K 2/+-* ++ 0/# *
#*+(+"6EML:IF>IJ<

HKH  OHKKHHKKHYaa]K 3>,;95SY\T%,;9";'<7;"0'$A


;53571":;>':,%1':5)"%,&1'::%,;9<:/<,%'%'11:K +2/*(+!1#)/$*+$16!+/
+/1$2(12/($*EFD:IED?IEH<


Z``
-%12(+


HKKH HKKH H K  HKYaa\K ;'%+3,%"1


*<,&'1,3':)59"::'::,3*,27"%;:5)%1,2";'%+"3*'K
0-$(/-+/1>EDEI>
BMH<
*1/"+3/*)*1(*(+*($)1#*":*:*3<

 H KKH  H KKH Ya^aK  577'9 ;5@,%,;AJ '))'%;: 53 59"3*' A,'1&:K
($!+/*$<$1/+"/-#IH:EGE<

 H K KH 


H KK ZXX[K 527"9,:53 5) &' %+'2,%"1 %5275:,;,53 "3&
7+A:,%5%+'2,%"1 7957'9;,': 5) &,))'9'3; ),$'9 79'7"9'& 5) )952 &' 7''1 5) %,;9<:
:,3'3:,:K>K,<%+'3*K +2/*(+!"/$2(12/(*++#)$01/6]YHZ^Y]OZ^Y`K

 HKH HKKH HKYaa_K3#1,:,:&'),$9"&,';';,%"A"71,%"%,53':K

",;+'9:$<9*H:%,'3;,),%"::5%,";,63&'1,%";'&;5"3"1A;,%"1'@%'11'3%',3;'93";,53"H
 3;'93";,53"1K

HZXY\PZXY]K@759;"%,63&'-;9,%5:&'1'&,;'99#3'5K

 HKH HKKYaa_K<$795&<%;5:&'1795%':"&5&'1":)9<;":K&K%9,$,"H
KK!"9"*5B"H:7"4"K

HKKH
H
KKH HKKYaa[K@;9"%;59&'B<25:&5;"&5&'
<3%59;"&5925&,),%"&5)592"&59&';"753':KKKaXX[X]XK

 H KKH
HKHYa_ZK5159,2';9,%)<9)<9"12'":<9'2'3;":"3,3&'@5)
&';'9,59";,53,3:;59'&%,;9<:/<,%'< +2/*(+!++$*GK:KJL>KKD<

,9'%;,>" ZXYZNYYZN &'1 "91"2'3;5 <957'5 A '1 53:'/5H YaH $9,1H ZXYZH
9'1";,>""!<25:&' 9<;"A795&<%;5::,2,1"9':7"9"%53:<25+<2"35K

H K KH K K H  K K K Yaa`K +"3*': ,3 "9*,3,3'H 
"%;,>,;AH"3&3'2";5&'$'+">,59,3:"1,3,;AO:;9'::'&%,;9<:K#61+#)$01/6HM:HEG?
HEK<


Z`a
-%12(+


H KKH H KKH 


KH KKH Ya^_K 5;"::,<2 "3& 7+5:7+595<:
'))'%;:53&'),%,'3;'<9'0"1'253;9'':"3&:52':"1,3,;A795$1'2:K/+$*"0+!
1#)/$*+$16!+/ +/1$2(12/($*ME:EFD>FK<

H KKH KHKKH Ya^`K 5;"::,<2 $<,1;: 1'253 8<"1,;AK  11/


/+-04$1#(*1++:IF@EA:EL>EM<

HKKH  HKKHKHKKHYa]ZK ,'1&9':753:'$A59"3*'


;9'':;5)+5:7+";,%)'9;,1,B'9:K$1/20(30GF@MA:J>M<

HKH
!!HKZXX^K,';"9A),$9'K<;9,%,63 5:7,;"1"9,"ZYH^XO_YK

K O*9,%<1;<9'K";5:':;"&-:;,%5:&'17'9,5&5YKaa_OZKXX_K

K P*9,%<1;<9'K";5:':;"&-:;,%5:ZXY]K

!H KH  H KH H KH  H KH HKH !HK ZXX_K
9"3*' ),$9' ": 75;'3;,"1 )<3%;,53"1 ,3*9'&,'3; )59 &9AO%<9'& :"<:"*':K 2/+-*
++0/##*+(+"6ZZ^HYO^K


H KH H K KH !H K KH  H KH H K ZXX]K
,$9'%53%'3;9";':)952"771'752"%'"3&%,;9<:7''1":75;'3;,"1),$9':5<9%':)59
)55&'39,%+2'3;K++#)$01/6aYH[a]O\XYK

    H ZKXX_K 9"3*' <,%' 591& "90'; 9"&' ZKXX_H <,%'
:,;<";,53 ZKXX_K 2*1; +/$"* "/$2(12/( /3$ +/1$2(12/( C /+-$(
/+210$3$0$+*:K

   H YKaaaNZKXXXK 95*9"2" &' %"9"%;'9,B"%,63  9<;"N@;9"%;59"K


,;9<:A:;'2,>,:,53K(*1$(+1+://2/:/0$(<

 55&'%+K,;9<:@;9"%;59')'9'3%'
<,&'K++#$1/20601)0<
'(*:(+/$<

9"3%,:HKKYa_ZK5159,2';9A) 55&:J9"3*'<,%'K +2/*(+!++$*[_


Q[R[`aP[a[K


ZaX
-%12(+


<'3;':H K ZXX[K <$795&<%;5: &' 1" ,3&<:;9," '@;9"%;59" &' B<25 &' 1,263K
9"$"/5),3&'%"99'9"&'3,>'9:,&"&,*<'1 '93#3&'BK

H KH!! H KH  H


KHYa_\K2,35 "%,&: 5) 1'253 /<,%'K::'3B' '
'9,>";,*9<2"9,HH:FHF?IG<

HKH!!H
KHZXXXK95&<%;5:)<3%,53"1':&'9,>"&5:&'1":<>":A&'15:
%-;9,%5:K31,2'3;5:)<3%,53"1':K:7'%;5:$,58<-2,%5:A&'795%':"&5K/"+7<
</$$<HIK--<

!!O H KH H KKH


 O
H HK H KH ZXXaK
";<9"1 $,5"%;,>' %5275<3&: 5),;9<: 1'253)59 )55& "3& +'"1;+K +2/*( +!
#/)21$(*$+)$(*(60$0G@FA:GFK>GHI<

!!O HKHHKKH
 O
HKZXX`K527"9,:535)
L'93"M1'253/<,%'8<"1,;A)593<;9"%'<;,%"1%5275:,;,53:K$*1$ +/1$2(12/:
EFD@FDDMAGIG?GI<

!!O HKHHKKH
 O
HKHZXX`K
'35;A7'"3&
+"9>':;;,2',3)1<'3%';+'7+A;5%+'2,%"18<"1,;A5) ,351'253/<,%'Q,;9<:1,253
QKR <92K KR )59 ,3&<:;9,"1 <:'K +2/*( +! "/$2(12/( * ++ #)$01/6 IJ:
EJJM>EJKI<

  HKHHKHH KKH  HKHHKH !HKZXXYK


527"9,:53 5) :52' $,5%+'2,%"1 %+"9"%;'9,:;,%: 5) &,))'9'3; %,;9<: )9<,;:K 55&
+'2,:;9A_\H[XaP[Y]K

HKKHKHKKHYa_YK+"9"%;'9,:;,%:5);+'7''1H9"*"3&/<,%')9"%;,53:
5),%,1,"3'253:K<:EE:II>KL<


HKH !HKHHKYaaaK 15?7957'9;,':5)59"3*'&,';"9A),$'9
:<:7'3:,53:K5<93"15)'@;<9';<&,':H[XHZ\]PZ]_K


ZaY
-%12(+


      ZXXXK  ':<2'3 7"9" 9':753:"$1': &' 751-;,%":K
:%'3"9,5: &' '2,:,53':
9<75 3;'9*<$'93"2'3;"1 &' @7'9;5: :5$9' '1 "2$,5
%1,2#;,%5K
*!+/)0-$(<

K ZXX`K ,$95 1"3%5 &' 1" ,$9" ,';(;,%"K 59759"%,63 1,2'3;"9,"
'4":"3;"K

 HKHHKH !HKHU   HKQZXXZRK 71%';'92,3";,53


)9*"3,%%,&: 3595%%"379,%5;';'92,3"%,6359 71%'%,&5:9*#3,%5:
3 1$"9,%58<' "9958<- ';'92,3"%,63 59 71% ' %,&5: 9*#3,%5: 3
1$"9,%58<'"9958<-KA;"O5<93"1) 55&H[Q\RHZX_OZYYK


HKH  
HKZXX]K ,';"9A ),$'9: )952 <:+9552J 9'7"9";,53 "3&
+,:,%5%+'2,%"1 "3& )<3%;,53"1 957'9;,':K +2/*( +! "/$2(12/( * ++
#)$01/6][Ha[a]Oa\XXK

H K Ya]\K '":<9'2'3; "3& %53;951 5) %5159 5) 9"3*' <,%'
53%'3;9";'K95%K 1"K;";' 59;K5%K^_JZYXPZY^K

 KH Ya]]K 5159 &,))'9'3%': 5) ,;9<: <,%': "3& 53%'3;9";': <:,3* ;+'
<3;'95159&,))'9'3%'2';'9K 55&'%+3515*AaJZ_PZaK

ZHZXX]K1/)$*1$+*+!1#*+(60#/+)1+"/-#6<

[HZXX]K';'92,3";,535)%,&,;AK

[XHZXX]K1/)$*1$+*+!
*5+!+/)+(<

]_HZXX]K1/)$*1$+*+!!/)$*+$0<

aHZXX]K1/)$*1$+*+!0#<

[[HZXX]K1/)$*1$+*+!0+$2):-+100$2):($2)*)"*0$2)<

3;'9*5>'932'3;"1 "3'1 53 1,2";' +"3*' 


K ZXX_K '*<3&5 *9<75 &'
;9"$"/5K 3)592'\K


ZaZ
-%12(+


3;'9*5>'932'3;"1 "3'1 53 1,2";' +"3*' 


K ZXYZK 3)592' :7'%,"1 :5$9'
"3'/5 &' 15: ,':*5: &' >'3;5: @;9'25: A ':":;9': %525 &"7;"%,63 "1
"2$,51,2#;,%5K

3;'9*5>'932'3;"1"3'1531,2";'+"3*'
KZXY\K'9%'9*9<75&';9"$"/5K

O  H KH O!H KH !OH KH  !O
!H KH  #3%+'BO
"9%-"H HK ZXXYK ,:;9,$<%,63 &' ,53': '3 '1 $<1$5
+=2'&5 &'1 :<'15 %525 795&<%;5 &'1 )'9;,99,'*5 759 *5;'5K "/+$*$ GI: FKI>
FLI<

 !H KH H KH


!!H KH 
H K ZXYXK 957,'&"&':
)<3%,53"1':&'),$9"&'3"9"3/"K "%<1;"&&'%,'3%,":$,516*,%":K

 !H KH ZXX\K ",3 59*"3,% "%,& &,:;9,$<;,53 5) "<;+'3;,% %,;9<: /<,%':
,3<90'AK2/'$0# +2/*(+!"/$2(12/*+/01/6:FL@HA:FJK?FKE<

  H KKH ZXX\K <"1,;A 5) ,3<2 <:,;";,::,2<2 K Q)1"@ "3& 1,3:''& "3&
"33"$,::";,>"KQ),$9'+'27R<9,3*;+'95&<%;,53+",35) ,$9'"?";'9,"1
59 +'92"1 3:<1";,53:K '7"9;2'3; 5) *9,%<1;<9"1 3*,3''9,3* "3& 5<:'+51&
'%+3515*AH3,>'9:,;A5) '1:,30,H '1:,30,K

 HKKZXXZK95%':"&5&'%-;9,%5:K!"9"*5B"K&K%9,$,"K\^[77K

 H KKH 592"3H K K YKaaXK 95%'::,3* '))'%;: &<9,3* %522'9%,"1


&'$,;;'9,3* 5) "1,)593," 3">'1 59"3*' /<,%'K +2/*( +! "/$2(12/( * ++
#)$01/6GL@JA;EGMJ>EHDD<

 H  K  ZKXXZK ,;9<: 95%'::,3*K  +)-(1 2$: F8< < (24/
)$=(*2)2($0#/0<

HKH H KHYa^_K'*9"&";,535)O:%59$,%"3&'%+"3,:25)53
'3BA2";,%$95?,3*9'"%;,53<"/$2(12/(*$+(+"$(#)$01/6GE:@FAEKD>EKJ<


: <6:<EMKHK'9:7'%;,>":&'1";9"3:)592"%,63,3&<:;9,"1&'1
1,263':7"451K3< 0$*$0:
@EA:HD>HM<

Za[
-%12(+


 HK(9'BHKH"3'53HKYKa_[K3:"A5:%527"9";,>5:&'15:'@;9"%;59':
 L 3 ,3'M A &' L7,4": *,9";59,":MK '3&,2,'3;5 A %"1,&"& &' 15: B<25: &'
3"9"3/" 52<3"K 3<  3$01  "/+.2%)$ 6 *+(+"%  ($)*1+0:  EG=H:
IJK>IKF<

 H KK H H !H KH H K Yaa]K '1'%%,63 &'
2(;5&5 2#: "7957,"&5 7"9" 1" '1"$59"%,63 &' ;"$1';": &' ),$9" &,';(;,%"K
1,2'3;"9,"HZ^]H^_O_XK

KH
KHKZXY\K 3;'*9";,3*1"3&O<:'%+"3*'
"3&'>"1<";,3*)''&$"%0:,3*15$"1%+"3*'25&'1:J+' 
Z"7795"%+K(+(
($)1#*"*"/$2(12/(-/+21$+*<$/1*$*$/1!!10<

'A&'3'11O':%"9;':K

,$95&'1!<25K:5B<25:HZXYZK

!HKYKaa]K"3"9"3/"H%5275:,%,63A%<"1,&"&':&':<:B<25:A':'3%,":K&K

'3'9"1,;";"1'3%,"3"H53:'11'9-"&'*9,%<1;<9"A'&,52$,'3;'K

KH
KH KH !KHKH !KHKH
 KH ZKXY\K +'2,%"1 *<,&' 7"9"2';'9: )59 7"3,:+ 1'253 Q,;9<: 1,253 QKR
<92KR/<,%':K++#)$01/6EJF@FDEHAELJ?EME

H KKH  H KKH H KKH !KH KKH Ya_[K <9)<9"1 ": "3
,3&,%";595))1">5<9&';'9,59";,53,3%"33'&%,;9<:/<,%':K/+$*"+!1#(+/$
11 +/1$2(12/(+$16LJ:FKD>KI<

 H 3KH


!!H KH  H KH H KH
 H KH H K
"9"%;'9,B"%,63 &' 2'B%1": &' "12,&53': &' 2"3*5 A 71#;"35 79'*'1";,3,B"&5:
2'&,"3;'&,)'9'3;':%53&,%,53':&''@;9<:,63K

 H K ZKXX\K "1,&"& A 9'3&,2,'3;5: &' '@;9"%%,63 '3 B<25: %-;9,%5:
2'&,;'99#3'5:K ':,: 5%;59"1K :%<'1" 51,;(%3,%" <7'9,59 &' 9,+<'1"K
3,>'9:,&"&,*<'1 '93#3&'B&'1%+'K


Za\
-%12(+


 !H K YaaaK 1 "3#1,:,: 2<1;,>"9,"3;' '3 1" ,3>':;,*"%,63 %,'3;-),%"K &K
$(9,%"
9"),%HKK"&9,&K

 HKHHKZXXaK+'2,%"1"3&:;9<%;<9"1+"9"%;'9,B";,535):,:"1
,$'9:)952"*">':,:"1"3">"9,';AK,'3%,"''%3515*,"YaH\XO\^K

 H KH H KH  H KH  !H !H KH  !H KH

KH !HKYaa`K"$1"&'%5275:,%,63&'"1,2'3;5:':7"451':K[C
'&K3,>'9:,&"&&'
9"3"&"K


H K ZXYXK 592<1"%,63 A ':;"$,1,&"& &' <3 B<25 )<3%,53"1 " $":' &'
*9"3"&"A%"8<,K<*$3/0$$"2( /**7(#<

 H   H  H Yaa[K :;"&-:;,%" 2";'2#;,%" %53


"71,%"%,53':K_]Y77K

 HKH H KH HKH HK KH KH


KH ZXX[K '253 )1">535,&H '9,5%,;9,3H :<779'::': '@'9%,:'O,3&<%'& 5@,&";,>'
&"2"*',39";1,>'9K $!$*KF:EJDM?EJEJ<

 H KH HKH  H KHHKHYaa`K   


       
      K ++ $* *
#*+(+"6
*1/*1$+*(:+'6+H:HL?IG<


HKHHKZXX[K,';"9A),$'9K1:'>,'9%,'3%'K11,*+;:':'9>'&
Y`Y[OY`Z[K

 H KH !H KH ZXX[K ,5%+'2,%"1 +"9"%;'9,B";,53 5) $155& 59"3*'H
:?''; 59"3*'H 1'253H $'9*"25; "3& $,;;'9 59"3*'K #61+#)$01/6 JF @LA: EFLG>
EFLM<

!H K ZKXX\K 3%9'2'3;5 &' 1" %"1,&"& &' B<25: %-;9,%5: 2'&,"3;' 1"
'1,2,3"%,63 &' 9':,&<5: &' 7':;,%,&":K 0$0 +1+/(< 02( +($1 *$ 2-/$+/
/$#2(<*$3/0$$"2( /**7(#<


Za]
-%12(+


H K KH K K H  K K



K Yaa_K 951,3' "%%<2<1";,53 "3&
2';+A1";,53 ;5 7951,3' $';",3' ,3 ,;9<:J 271,%";,53: )59 *'3';,% '3*,3''9,3* 5)
:;9'::9':,:;"3%'K <)<+< +/1<$<EFF;L?EG<

!H KKH Ya``K 5&,),%"%,53': 8<-2,%": '3 '1 1,263 A &'9,>"&5: &<9"3;' '1
795%':"&5'1"12"%'3"2,'3;5K0$0+1+/(<
<2/$<

H KH  ! K ZXX]K 9'7"9";,>5: &' %'1<15:": %52'9%,"1': A


"71,%"%,53':'3795%':5:'@;9"%;,>5:K*$3/0$6$*$ZYHYY[OYZZK

H KKI H KK Ya]Y))'%;: 5) )'9;,1,B'9: <753 ;+' A,'1&:H :,B' "3&
8<"1,;A 5) 59"3*' )9<,;: "1,)593," Q:;"&5: 3,&5:RJ 3,>'9:,;A 5) "1,)593,"HK ]_7K
<11';,3K

!O!HK
KHH KH
 O HKH HKH
 O !H KH
ZXX]K ,35 1'253 %153': %527"9'& ?,;+ ;?5 5;+'9 1'253 >"9,';,': 53 ;?5
955;:;5%0:,3<9%,"Q7",3RK$*1$ +/1$2(12/EDJ:IGD>IGL<

 HKHHKH  !HKH HKKH H KYa``K';'92,3";,53


5) ,3:51<$1'H :51<$1' "3& ;5;"1 &,';"9A ),$9' ,3 )55&: "3& )55& 795&<%;:J
,3;'91"$59";59A :;<&AK 5<93"1 ::5%,";,53 5) )),%,"1 *9,%<1;<9"1 +'2,:;:
3;'93";,53"1H_YHYXY_PYXZ[K

H KKH
H KK YKa[_K 5275:,;,53 5) ,;9<: 9<,; <,%':K 3&<:;9,"1
"3&3*,3''9,3*+'2,:;9AHZaQ]RH]_\O]_]K

H K KH H K KH  H KH


 H KH H KH
 HK KZXXXK A&9";";,537957'9;,':5)&,';"9A),$'9"3&9':,:;"3;:;"9%+J
<957'"3%511"$59";,>':;<&AK 55&%,'3%'"3&'%+3515*A[[H_ZP_aK


HK KHHKHHKYKa_`K O 3)1<'3%,"&'1"%5275:,%,63'3
3,;96*'35H )6:)595 A 75;":,5 &' 15: )'9;,1,B"3;':K '>,:;" &' *958<,2,%" A
'%3515*,"&'1,2'3;5:HEL@FA:EMG>EML<


Za^


CAPÍTULOX


 


 9

&(2*C9A9/*.+&"*.*&0&.*/&.<5-"2=(40'*&"'+("-/*(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


  J   J   J
(-* D5CA =5=E D5<< <5C= D5@< <5<<
--* D5C< <5@A C5E< <5>> D5?C <5>C
-4* D5CA <5EB D5<< <5?A C5C? <5?C
-"& C5@< <5AA E5>< <5D@ C5@D <5==
3* B5A< =5>E B5A< <5C= C5>@ <5??
0("* A5DD <5B? C5@? <5A? C5@A <5>A
0&"* D5<< <5<< C5@< <5>D
&(2*C9B9/*."41&*-&<!"*#/-"*:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* AB5BC =5BC B@5C> @5?< AB5D< A5<B A?5AE =5A< A?5B< @5?@ @A5?? <5<<
--* AD5A< ?5E= AB5DA @5C? AA5<< @5=@ A>5E@ >5DE AA5C> ?5<@ @E5?> B5DE
-4* A@5>A B5E> AA5?< A5CC A=5A@ ?5C< A>5BD =5AE AB5>A @5AE A@5C> C5AB
-"& A<5EB @5C? A@5<@ A5A@ A@5?@ C5D= A>5<? @5B> @D5>< D5@A A<5=B >5E>
3* @>5=A B5=? @B5?E A5BD @@5=A <5E> A@5?B <5<= @A5ED ?5@= @A5A@ @5??
0("* @>5ED =5CD A=5AE ?5=? AB5CE =<5?E AC5>D E5@B @C5BD >5?D A<5=C @5=D
AD5?< <5@> AA5=D A5?> @A5EA @5?= @@5B< >5AA



?<=
 


&(2*C9C9/*."41*&/"&<!"*/"*:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* <5<> <5<= <5<> <5<? <5<? <5<= <5<= <5<< <5?@ <5<? <5?@ <5<?
--* <5<A <5<? <5<= <5<> <5<> <5<= <5<> <5<= <5>D <5<A <5>C <5<A
-4* <5<C <5<D <5<? <5<> <5<> <5<= <5<> <5<= <5=D <5<A <5== <5<=
-"& <5<? <5<= <5<= <5<= <5<@ <5<= <5<= <5<= <5=< <5<= <5== <5<A
3* <5<? <5<= <5<= <5<= <5<@ <5<= <5<= <5<< <5=B <5<C <5=C <5<B
0("* <5<> <5<< <5<= <5<< <5<? <5<= <5<= <5<= <5=> <5<@ <5=> <5<?
<5<? <5<< <5<> <5<> <5=< <5<< <5== <5<=


&(2*C9D9/*."*.+-"*<'!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* @AA5A< >B5BB ?C<5BD =<5C< @CA5B> ?@5D= @>A5?? >?5>< @>A5A? EB5@C ?C?5B< >=5D=
--* A@A5?@ E>5@< ?CB5>E A=5<< @DD5CB =@5E? @EB5A> BC5D@ ??@5E? B<5>= ?@A5E= ?<5>?
-4* @CA5?< D=5EA ?E>5E@ >@5<< ?EE5<@ =><5E= A=E5CD B>5<< ?B?5>? @C5=> ??E5DC ?C5>A
-"& @>@5E@ C?5>A ?EA5>@ >5=A @>E5D@ ED5>= @B?5E< C?5>= ?AB5?D A>5@> ?@>5CA ==@5<E
3* ?>D5=? ==?5>A @A@5C= B=5>A ?CD5<< >5D? A??5B< E5=B ??B5<< @?5DB @<?5=@ @D5D=
0("* =B@5D? ==5>> ?=>5<@ @D5@E @CE5?< C<5B> AB>5?> ?D5<< >DA5=A @E5=C >A<5A@ >@5DE
0&"* A==5B< D5E= C=<5@> E<5E= ???5<A @>5A< ?@D5<< >B5DC



?<>
 


&(2*C9E9/*."*#/-"*<!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* @>5DD <5E= A<5?= =5?E B?5EE =5@A B<5CB >5<= A?5DD >5<@ A=5D< ?5B>
--* A=5AB C5<= @E5@< ?5CD B?5<A ?5?E AE5?< >5BA AB5>D ?5>D A=5<D A5BA
-4* AC5DC =5@= @E5B< A5A< B>5AD ?5=@ B=5=E <5D< A<5B< ?5?? @E5<< @5C<
-"& A=5=@ A5<> @C5@E B5E@ A@5@@ D5EC A>5EE D5A? @A5@< >5BA @D5AC >5<>
3* @D5?D E5A= @C5EE =<5?< @@5E> <5E? A=5CB <5D@ @E5=> A5B< @C5=> B5DC
0("* @=5BC @5BC @@5C> C5== B@5B= =@5EB AD5EB @5DA A?5>< @5CC AA5A@ C5B<
0&"* A@5EA <5== A@5=B <5D< @D5>< @5D= @A5<A <5?A


&(2*C9F9/*."* .*#/-"*<'!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* >><5<< ?A5E< >==5<< =B5@D >=B5BA ?@5<= >>=5?C CB5C@ @@B5E? ==5A? ?@<5A< >@5CE
--* >@C5=B ?E5AE >=<5CD =E5?D >?A5=@ ?<5<B >?C5AC @>5A= ?>>5DD >>5?@ >ED5?? @A5@D
-4* >B?5B< ?C5BE =E@5C? B?5=B ><A5<B =D5=D ><<5DA >=5DA >ED5D< >=5<> >E<5=< >@5EC
-"& =ED5=< A<5=? >=<5@D A@5E= >=E5D< @>5@E >=>5=D ??5DB ?<A5AD @?5<B ?=C5<B B<5?@
3* =A?5D< >C5=E =D=5B> ?C5>? >B=5DE =D5D? >ED5A= A>5<B >DD5=< >D5CA >E@5@@ ??5>>
0("* =EE5=E AC5?? >@<5?< C?5EC ??<5B> A>5CC ?>=5D? @?5=< ?BA5@D >D5@D ?<C5D? =<5DC
0&"* ?<A5A< =@5DA >@A5>> AA5@C ??@5?A >E5B? ?@>5C< ==5=C



?<?
 


&(2*C9H9/*."*&"*<!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* =5@= <5== =5>B <5>E =5>= <5=E =5A< <5<E ?5>< <5A= >5DD <5@?
--* =5?C <5A> <5EB <5=? =5>D <5=B =5>E <5BB ?5<> <5C? >5DE <5B?
-4* =5AC <5@B =5<C <5>> =5?? <5>> =5>E <5=B =5AD <5AC =5E> <5C<
-"& =5=< <5<@ =5=D <5A@ =5@< <5@A =5>< <5=E =5<D <5=D =5A< <5B<
3* =5<A <5<? =5?? <5=E =5<A <5<> =5<@ <5<? ?5B< <5BD ?5BB <5A@
0("* =5<B <5<C =5A> <5@> =5CA <5>B =5@E <5>E >5CA <5EC ?5<C <5>E
0&"* =5E> <5<B =5B= <5>C ?5@< <5=@ @5A< <5@>


&(2*C9I9/*. &0*.<!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* D5BD <5D> D5@? <5C@ C5E< <5AB B5>A <5BC B5CD =5>B D5@< <5>C
--* D5?D <5C< C5CB <5C> B5CB =5>? C5C= <5C? B5>? <5B? C5@D <5>B
-4* D5C< =5?@ E5B= <5?? D5BD =5>< B5CA <5B> E5C< =5@E E5?A =5>>
-"& D5<D =5EA E5?B <5?? D5<B =5>? C5E< <5?E D5A> <5D@ E5=@ =5<B
3* C5CD =5@> D5>? <5?C B5DA <5?A D5@= <5>< C5B@ =5<@ D5BC <5CD
0("* A5DD <5A? C5B= <5>B E5<E <5@= D5DA <5@D B5>D <5C= C5BA =5A>
0&"* E5@A <5@E D5<= <5>A A5E< <5AC C5<< =5=?



?<@
 


&(2*C9A@9/*.-0/*.<!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* D5A? <5AE A5EB <5BC B5B> =5>C B5E< <5>E B5<< <5B@ C5>A <5BA
--* C5>B =5<C B5DC <5C> B5D< <5DA B5CE =5<@ A5DA <5DB B5BA =5DE
-4* C5CD =5@@ D5DA <5D< C5=D <5CA B5@A <5CA D5@> <5D? D5=< =5?@
-"& C5>D <5D@ D5AA <5E? C5<< =5>A C5BB <5BC C5E> >5<? D5=A =5>?
3* C5?D <5D> C5D< =5<C C5>< <5@> C5ED <5@? C5=> =5>< D5<B <5?>
0("* A5D< <5CE D5== =5>> D5C< <5?D C5A@ <5B@ B5BD <5CE C5?< =5@=
0&"* E5D< <5=@ C5E= =5=? A5?< <5=@ B5CA =5?@


&(2*C9AA9/*.-*.<!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* @5ED =5>A A5?@ <5=A A5AD <5?? >5EB =5?D A5@A <5B> ?5?A <5E=
--* A5@B <5?< @5@C =5?= @5@< <5@C ?5AB =5>= ?5DD =5=E @5<C =5=E
-4* A5?< <5C< A5@= <5@B ?5BB =5>= ?5@A <5EB ?5DD <5B= @5>< =5>E
-"& @5ED =5=> ?5B? =5<C ?5?D <5B> >5D= <5DD ?5BB =5>E ?5D@ <5A?
3* ?5C? =5=C ?5?? =5>C >5>A <5?A =5CD <5<> >5A> <5D< >5CC <5@A
0("* ?5@A <5BC >5?@ <5@> @5D? <5CB >5?> <5AA >5B? =5>D >5=@ <5EC
0&"* @5@< <5=@ >5E= <5CE >5BA =5>< >5DA <5>=



?<A
 


&(2*C9AB9/*.&"*<'!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* =<B5=< =D5>= =<>5CB =A5A@ =?A5E< ?<5AB =<>5D> >@5DA CE5EA ??5AD =?B5<< @@5EA
--* EB5B@ >@5DB EB5?= >A5C= =<>5?D ?<5=? =>=5C@ ?C5<C CE5?? =>5@D =@@5CB B=5>B
-4* E?5=? ?<5E? =<<5<< ?A5?@ =<>5<B >=5?E =AD5EA D=5@@ E=5DA >C5E> =?C5B> A<5=B
-"& =<<5D< ??5AE =@<5AC @<5CA >?>5>D ?A5C> >E>5?E ?<5<< E>5E@ =C5D? =>C5BD DD5C?
3* =<@5>A ==5EE =<@5AA >B5D> =@A5BA ?>5<< ?AD5B< AD5BE =<A5@> =@5@= =@E5A< ?B5><
0("* D?5>D =?5EB =>>5A> @>5=> =>D5DB ?<5C? ?BC5@A >>5<@ =<E5@? ?<5DD =?C5C< @E5D<
0&"* =EE5>A @D5?< @E?5AD C5BC DE5C< =<5?> =A@5D< ?A5B@


&(2*C9AC9/*.!(."*<'!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* =<B5@< =@5C> E?5D= =@5@D CE5@< ==5<? BD5@= =<5B? ==>5BA >=5=> EE5A< =>5>C
--* =<?5@B =C5<C D<5D> ==5C< D<5C> >?5<< CE5?B =D5D= EE5<C =?5DB =<D5DB =<5>?
-4* E=5>A >B5AE E>5<< ><5>E EC5B> =E5?B ==B5AC >=5?B =<C5<< C5>E ==<5<C =<5E@
-"& DC5AD >@5<@ =<<5=A =A5BC E>5BD D5CB ==B5A@ =D5EB EE5>> =@5AD ==>5E> @5?D
3* BA5<? A5<= D>5AC =@5?> E?5>< =>5=B =B?5E? =5=D =<<5>> =A5<D ==<5?E A5C<
0("* B>5@< C5@= C@5CA =?5@? C?5?? >>5CA =AB5@B ><5>A =<?5D< ==5?? =<?5<@ B5A>
0&"* =<B5AA =>5D< =DE5E= =>5B< ==@5CA ?5?> =<D5E< E5??



?<B
 


&(2*C9AD9/*.*/."*<'!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* =@<?5<D =DD5CD =@BB5B> C>5EE =@>?5E< =D@5EB =@@C5@C >=D5=> =@B<5B< =DD5AD =>C=5CD =>=5@=
--* =AC=5?> EE5EE =?AB5B= =@D5D? =@B?5B> E?5>A =?D<5A> EE5DB ==C>5DC ==E5?C ==AB5?D AB5AD
-4* =@EC5=< ><=5BD =BAC5B< ===5E> ==@=5?< A<5EA =>C<5AB =A>5E> ==D?5E< EE5E< =>DD5=A =BB5<E
-"& =A>E5<@ =>@5ED =@@C5EA =E<5CD ==A<5D@ =>C5AD ==>>5EA =?<5EB =>@<5>> =<=5BA =?D<5EC @>5DC
3* ==C>5B? =DC5?> =BAB5@E =B@5=< E?C5>< >A5DD ==B>5E= =<<5CB =>DD5=@ =<@5>E =?D<5D@ B>5EC
0("* ==>?5=< =D=5@< =>ED5=C =?D5>D DBD5== =>A5A@ ===<5?@ =<@5C< =@A@5@< =EB5>A =@<E5B? E?5>B
0&"* EE@5?< D5<B =<@@5<@ =DC5>E =>D=5=A BC5>A =?CD5CA ==B5DA


&(2*C9AE9/*.*"*<'!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* >>5ED =<5>> =C5DC @5DC =?5C< ?5>B =B5<@ A5<D =?5@D E5=? ?D5=D ==5=A
--* =?5CD >5?D ><5=D D5?D =?5?D =5>@ =C5D> =<5AB ==5@< >5D@ >=5EC D5<D
-4* E5@< ?5<B =D5=< B5<< ?E5<< >>5DB CA5DB =?5?= =?5@D B5<E ?@5@A =>5=B
-"& =B5@> ?5D> >C5AE E5>< CD5D@ =@5@C =@B5D@ =C5@D ==5@< =>5CC ?>5@> =E5CA
3* =?5>D B5BE ?>5CE >A5C@ @<5<< =5>C =>?5D@ =E5?? =@5AB ==5<< ?E5@? =E5D<
0("* ==5=? ?5>< =E5<C B5<B ?@5>E B5>D =B=5>A =<5<C ?A5BA >C5BA ??5<= =>5C@
0&"* B>5@< B5A= ==C5D@ =>5B< ==5?A ?5DE B<5<< ==5?=



?<C
 


&(2*C9AF9/*.*. *-*<'!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* @@B5<? ?B5DB ??C5E< A?5@E >BA5=E @E5DC >BE5EC >A5=C >D<5>< =?5AB >BC5@D ?5B@
--* ?=A5@@ ?B5<D ???5C? A<5>= ?=B5E? AB5=? >DB5<? >A5@A >C<5E< @?5DD >A=5AD @D5=A
-4* ?BA5BC C<5E@ ?@>5<B ??5AD >CE5@D ?B5C< >DE5<D @<5>= >B@5<> =<5?= >A@5D> >?5A?
-"& >EB5DD >B5=D >ED5C@ BC5@A >EC5B< D>5E@ >DD5@C >=5DE >E>5@@ C<5?A ?A@5@D B@5>@
3* ?<A5>C @?5BB @A>5CC ?=5<D >?=5AB ?5>< >ED5A= A>5<B >B<5B< E5=A ?>A5CC @D5ED
0("* @==5@C >>5A= @<<5=> >E5?C ?=?5=A ?A5DD >EC5B= @<5AA >DB5?A ?<5>A ?>D5CB >@5@B
0&"* ??C5?< >B5C? >DC5A? ?D5>> ?<>5<A BB5== ?C@5C< =C5EB


&(2*C9AG9/*.0& /*.<'!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* >C5A< ?5@< >C5>= >5D< >?5B@ >5@< >?5B@ >5>> AB5<< @5A< BC5<< ?5B<
--* >D5?@ A5B< ?<5A? ?5>< =@5?@ ?5<= >?5=B >5=? =<5<< =5?< @C5E< ?5?E
-4* >A5E? >5=< ?D5?E =5CB =C5@A =5DC >B5E? =5ED ?<5<< =5E< BC5@< @5><
-"& ?<5=E =5B< ?<5=@ >5@= >C5C? >5<> >A5>A =5@B >=5<< =5>C AA5@< =5?C
3* >@5DE =5DE >D5BC >5CA ?C5=C =5@< ?>5<= =5B= >=5<< >5>> AA5@< >5=B
0("* >C5E> =5?? ?=5?@ ?5>D >@5?> =5D< ?B5D= =5C? ?E5<< >5B< @>5<< =5EE
0&"* >A5?A =5?? >B5ED =5=? ?C5C< =5DE ?D5A< >5@?



?<D
 


&(2*C9AH9/*.("4.<!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* ?5=A <5>@ >5CD <5<D >5?> <5?A >5E? <5=C ?5BD <5@? ?5@A <5<B
--* >5E< <5?@ >5AC <5C< >5>D <5AA >5B@ <5C? ?5>< <5>< ?5>A <5>D
-4* >5DA <5AA >5BC <5>= >5@D <5>A >5C@ <5?> >5E< <5?@ ?5>A <5?>
-"& >5AD <5>> ?5<< <5?@ >5=@ <5?B >5@C <5>B >5CD <5AD >5EC <5?A
3* =5DD <5C@ >5DE <5=> >5=< <5<< ?5=@ <5=B >5E? <5@= ?5@E <5>>
0("* =5ED <5?? ?5>A <5>= >5?A <5=E ?5>@ <5?? >5D< <5>@ ?5>= <5=@
0&"* >5>< <5=@ >5E= <5=C >5B< <5@> ?5<< <5>A


&(2*C9AI9/*./"(.*&0&<'!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* @E<5<< ??5@< =CA5@D >E5== >=C5<< >B5C@ >=C5<< =C5@> =B@5D< >C5CC >?=5>< >A5B>
--* AA<5<< >=5DC =A>5?D ?<5B< ?<<5=A @<5<= ?=?5E? >D5A< >EE5?< >E5?@ =EB5=< >C5@A
-4* ?BB5=@ B>5?< >C?5AE >C5=? ?<<5DB ?C5>> ?>A5== >=5E@ >DE5@< >=5EB ?@E5<< >=5>E
-"& ?B?5@< ??5ED >AC5<< =D5@C ?=?5BA =D5C@ ?DE5>D >D5>> >@<5<< =B5D@ ?<=5>< ?>5ED
3* >=B5D< >C5A> ?>?5<< >@5?= ?AA5D< >>5>> @<A5B< ?=5?= >B@5>< =E5D@ ?>@5?< >@5BC
0("* >BA5<< =E5EE =EC5<< =E5AB @=<5D< >=5?> ?ED5A< =E5AC >C>5?< >>5>= >DA5A> >=5BE
0&"* @<<5<< =E5?E ?DA5AE ??5DE @<C5>< ><5AB ?@E5<< =E5@A



?<E
 


&(2*C9B@9/*.
.,-""(<'!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* @B=5<< >>5BB >?D5EE =C5@> ?D=5@< ?@5CB ?D=5@< ><5<? ?<?5<< >C5A> ?D=5<< ?=5?=
--* @D@5D> B>5?< >D@5<< >D5A< ?=C5>< ?=5?= @@=5?< >E5?@ ?AC5<< ??5== >E<5<< =E5AC
-4* >CC5D= ??5ED AA<5E> >=5E@ ?A?5?D =E5AC ?C=5>? >D5>> @@E5A< >C5@A ?<E5<< ??5DE
-"& ???5@A >C5A> A@C5<< >E5== ?B<5D< B>5?< ?D<5A< ?=5?= ???5=< >=5>E ?EE5A< >=5DC
3* @A<5<< =D5@C >B<5DC ?<5B< ?>A5A< ??5ED ?EA5<< >C5CC @CC5E< ?>5ED A=C5@< >C5=?
0("* >AC5<< >D5>> ?=@5EE >C5=? ?E=5A< >C5A> ?CD5>< ?<5B< ??E5C< B>5?< >A<5EA =D5@C
0&"* ?@<5DA =E5EA ??<5CA >C5=? ?<>5C< ??5ED ?<A5=< >@5?=


&(2*C9BA9/*.
"-*2"'/"& 0- 0-&<'!:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* >5<< <5<< <5C@ <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<<
--* =5=> <5<< A5AB <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<<
-4* <5<< <5<< <5D? <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<<
-"& <5<< <5<< <5CC <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<<
3* A5<< <5<< ?5@D <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<<
0("* >5<< <5<< >5DE <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<<
0&"* <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<< <5<<


?=<
 


&(2*C9BB9/*. ("*-'*&<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


           
  J   J   J   J   J   J
(-* >>5DD ?5CE =D5<> @5=< =C5BC >5<C =E5<? <5DC =A5@? <5D@ =A5@< <5A<
--* =C5D< @5<E =A5?C ?5EE =C5D< ?5C< =B5A< =5>D =A5@A =5<A =A5C? <5E=
-4* =E5A< >5A> =C5=A =5B< =A5<< ?5?E =D5== <5DC =B5<A =5@@ =D5BD ?5>C
-"& =@5@< =5EA =D5>? >5EB =B5D< @5AA =E5AD <5>D =D5C@ A5C@ ><5A> A5>A
3* =D5<< A5@< >?5C? =5?< =?5<< =5@= ><5?@ =5@= ><5=B >5DC >>5>= ?5E?
0("* =E5?D >5CA >C5?? =5@D =B5>E @5@E >=5<B =5A@ >=5CA =5A< >?5E< =5AB
0&"* =>5A< ?5A@ =@5E> =5<= ><5A< >5=> ><5A< <5C=


&(2*C9BC9/*."*.,-/"*<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* ?5=< <5?< ?5=< <5?< @5DC <5@< =5AA <5=D ?5>A <5?@ @5B? <5?A
--* @5<< <5>C ?5<= <5@A @5?D <5>? =5?@ <5>? ?5<< <5=D A5<? <5>=
-4* >5?A <5?= ?5=A <5?C @5=C <5=E =5CB <5?@ ?5<< <5=> @5CC <5>B


?==
 


-"& >5A< <5>A ?5=A <5=C A5?B <5=? =5=< <5=E ?5<A <5>D A5=? <5=B
3* >5<< <5?? ?5=A <5=E @5EB <5>> =5=? <5>? ?5=A <5=E @5C> <5=C
0("* >5=< <5=E ?5=A <5=B >5<E <5?= =5>A <5?C ?5>< <5?? =5DD <5??
0&"* 99 99 ?5=< <5>= A5=< <5?? 99 99 ?5=< <5>= @5E< <5=@


&(2*C9BD9/*.&("(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* =5<< <5<E <5EE <5<? <5B= <5<E <5CA <5<E <5EA <5<B <5AB <5<B
--* =5D< <5<D <5EE <5<@ <5CE <5<D <5BA <5<D <5EA <5<E <5CA <5<E
-4* <5E< <5<B =5<< <5<> <5CD <5<D <5C> <5<D <5EA <5<@ <5D= <5<D
-"& <5E< <5<B =5<< <5<B <5C= <5<E <5@A <5<E <5EE <5<D =5<D <5<B
3* <5E= <5<C =5<< <5<E <5B? <5<@ <5A= <5<C =5=< <5<E <5E@ <5<B
0("* <5E< <5<> =5>A <5<@ <5DA <5<A <5AA <5<A =5>< <5<D <5BA <5<C
0&"* 99 =5>< <5<D <5BB <5<C 99 99 =5>< <5<B <5DA <5<>



?=>
 


&(2*C9BE9/*.-!"("(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* <5@< <5<A <5?A <5<? <5>> <5<A <5=E <5<? <5?D <5<B <5>A <5<B
--* <5?A <5<> <5?> <5<@ <5>> <5<D <5=C <5<@ <5?< <5<? <5>C <5<A
-4* <5<< <5<B <5?< <5<> <5?@ <5<D <5=C <5<> <5>< <5<@ <5>A <5<D
-"& <5<< <5<B <5?< <5<B <5?@ <5<> <5=< <5<@ <5>A <5<@ <5@? <5<B
3* <5=< <5<C <5?< <5<? <5?B <5<@ <5=< <5<C <5?> <5<A <5A= <5<B
0("* <5== <5<> <5@A <5<@ <5?? <5<A <5== <5<A <5@< <5<? <5?C <5<C
0&"* 99 <5?= <5<A <5>< <5<A 99 99 <5?< <5<B <5?? <5<>


&(2*C9BF9/*..,--!"(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* =5?< <5<A =5=E <5=< >5E? <5=A =5<? <5<B =5>< <5<B ?5<D <5<B
--* >5<< <5<E =5>< <5<D >5EE <5=? <5E= <5<C =5=E <5<? >5D> <5=A
-4* =5=A <5=< =5>= <5=> >5E= <5>< =5>C <5<D =5<< <5<@ >5EB <5=D
-"& =5<< <5<B =5<A <5<B >5DD <5=> <5C@ <5<E =5<A <5<@ >5EC <5=B
3* <5EA <5<C =5<A <5=? =5>E <5<@ <5CD <5<C =5=> <5<A =5== <5=B
0("* <5EE <5=C =5>> <5<@ =5@A <5<A <5DA <5<E =5>< <5<? =5@@ <5<C
0&"* 99 =5>< <5<D >5DB <5=< 99 99 =5>A <5<B >5D> <5><



?=?
 


&(2*C9BG9/*.("&&("(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* <5=< <5<> <5== <5<? <5<E <5<= <5<C <5<= <5=< <5<? <5<E <5<>
--* <5>< <5<? <5== <5<= <5>= <5<> <5<C <5<= <5=< <5<= <5=A <5<=
-4* <5<? <5<= <5=< <5<> <5=D <5<> <5<C <5<? <5<E <5<> <5=> <5<?
-"& <5<? <5<= <5=< <5<> <5>? <5<= <5<@ <5<? <5=< <5<> <5>? <5<=
3* <5<@ <5<> <5=< <5<> <5>> <5<? <5<A <5<> <5=A <5<> <5>@ <5<>
0("* <5<B <5<= <5>A <5<= <5>@ <5<? <5<A <5<= <5>< <5<= <5>A <5<>
0&"* 99 <5>> <5<= <5<E <5<> 99 99 <5>< <5<> <5>@ <5<>


&(2*C9BH9/*. &""(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* <5=D <5<> <5<E <5<? <5=> <5<= <5<D <5<= <5=< <5<? <5=@ <5<>
--* <5=< <5<? <5=< <5<= <5=< <5<> <5<C <5<= <5=< <5<= <5<E <5<=
-4* <5=A <5<= <5== <5<> <5<B <5<> <5<C <5<? <5=< <5<> <5<B <5<?
-"& <5=< <5<= <5=> <5<> <5<D <5<= <5<? <5<= <5=> <5<> <5<C <5<=
3* <5<E <5<> <5=> <5<> <5<D <5<? <5<B <5<> <5=B <5<> <5<B <5<>
0("* <5=< <5<= <5>> <5<= <5== <5<? <5<D <5<= <5>< <5<= <5<D <5<>
0&"* 99 <5>> <5<= <5<A <5<> 99 99 <5>< <5<> <5== <5<>



?=@
 


&(2*C9BI9/*."* &0/'"*<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* =5CA <5=< =5AA <5=> >5>< <5>? <5D= <5=@ =5B< <5=> >5?= <5><
--* =5>< <5=@ =5@E <5=? =5E< <5=< <5AD <5=> =5A< <5=? =5ED <5=E
-4* =5@A <5=C =5A< <5=E =5E< <5=B <5DB <5=D =5@< <5>= >5<D <5=D
-"& =5=A <5=E =5?< <5>= >5DE <5=A <5@C <5=E =5?< <5=B >5=? <5=A
3* =5<= <5=< =5?< <5>D >5?= <5=> <5@D <5>= =5?A <5=D >5>> <5=?
0("* =5<? <5== =5?@ <5>> >5<E <5=@ <5A> <5== =5@< <5=C =5DD <5=>
0&"* 99 =5?< <5=< >5@< <5=? 99 99 =5?A <5=? >5?C <5==


&(2*C9C@9/*. &0/'"(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* <5<< <5<< <5<< <5<< <5>= <5<= <5=< <5<= <5<< <5<< <5>? <5<>
--* <5<< <5<< <5<= <5<= <5=C <5<= <5<D <5<= <5<< <5<< <5=A <5<=
-4* <5<< <5<< <5<< <5<< <5>= <5<> <5<@ <5<= <5<< <5<< <5=D <5<=
-"& <5<< <5<< <5<< <5<< <5>> <5<> <5<? <5<= <5<< <5<< <5>> <5<>
3* <5<A <5<= <5<< <5<< <5=E <5<? <5<B <5<= <5<< <5<< <5>E <5<>
0("* <5<= <5<= <5<< <5<< <5== <5<= <5<C <5<> <5<= <5<= <5=A <5<=
0&"* 99 <5<< <5<< <5<D <5<> 99 99 <5<< <5<< <5== <5<=



?=A
 


&(2*C9CA9/*.
"./""(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* <5<= <5<< <5<> <5<< <5<A <5<< <5<? <5<< <5<= <5<< <5<A <5<<
--* <5<= <5<< <5<= <5<= <5<? <5<< <5<> <5<< <5<= <5<< <5<@ <5<<
-4* <5<< <5<< <5<= <5<< <5<@ <5<< <5<> <5<< <5<< <5<< <5<@ <5<<
-"& <5<< <5<< <5<= <5<< <5<? <5<< <5<= <5<< <5<< <5<< <5<@ <5<<
3* <5<@ <5<< <5<= <5<< <5<> <5<< <5<> <5<< <5<< <5<< <5<? <5<<
0("* <5<@ <5<< <5<< <5<< <5<? <5<< <5<? <5<< <5<< <5<= <5<? <5<<
0&"* 99 <5<< <5<< <5<A <5<= 99 99 <5<< <5<< <5<? <5<<


&(2*C9CB9/*. .*&0"(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* <5<@ <5<< <5<A <5<< <5<? <5<< <5<> <5<< <5<A <5<< <5<? <5<<
--* <5<A <5<< <5<B <5<= <5<A <5<< <5<> <5<< <5<A <5<< <5<B <5<<
-4* <5<> <5<< <5<B <5<< <5<@ <5<< <5<> <5<< <5<@ <5<< <5<A <5<<
-"& <5<> <5<< <5<A <5<< <5<A <5<< <5<= <5<< <5<A <5<< <5<@ <5<<
3* <5<> <5<< <5<A <5<< <5<@ <5<< <5<> <5<< <5<A <5<< <5<@ <5<<
0("* <5<? <5<< <5<A <5<< <5<B <5<< <5<? <5<< <5<C <5<< <5<A <5<<
0&"* 99 <5<B <5<< <5<A <5<= 99 99 <5<A <5<< <5<B <5<<



?=B
 


&(2*C9CC9/*.0"(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* <5<A <5<< <5<B <5<< <5<? <5<< <5<? <5<< <5<A <5<< <5<> <5<<
--* <5<? <5<< <5<C <5<< <5<@ <5<< <5<> <5<< <5<C <5<< <5<A <5<<
-4* <5<> <5<< <5<B <5<< <5<A <5<< <5<> <5<< <5<A <5<< <5<B <5<<
-"& <5<? <5<< <5<A <5<= <5<B <5<< <5<= <5<< <5<A <5<< <5<B <5<<
3* <5<? <5<= <5<A <5<< <5<A <5<< <5<> <5<< <5<B <5<= <5<A <5<<
0("* <5<? <5<< <5<A <5<< <5<C <5<< <5<> <5<< <5<B <5<< <5<B <5<<
0&"* 99 <5<A <5<< <5<A <5<< 99 99 <5<< <5<< <5<C <5<<


&(2*C9CD9/*."."(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* <5=< <5<= <5=< <5<> <5=? <5<> <5<A <5<= <5=< <5<> <5=C <5<>
--* <5<D <5<> <5=< <5<> <5<D <5<= <5<@ <5<= <5== <5<> <5=> <5<=
-4* <5<? <5<> <5<E <5<> <5<E <5<> <5<A <5<= <5<D <5<= <5=< <5<=
-"& <5<? <5<> <5=< <5<> <5<C <5<= <5<> <5<= <5<E <5<> <5<E <5<>
3* <5<? <5<= <5=< <5<@ <5<C <5<= <5<? <5<= <5=? <5<= <5<D <5<>
0("* <5<@ <5<> <5>< <5<> <5<D <5<> <5<? <5<= <5>< <5<> <5<D <5<=
0&"* 99 99 <5>< <5<> <5=? <5<= 99 99 <5>< <5<= <5<D <5<>



?=C
 


&(2*C9CE9/*./"*("(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


"'$ B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* <5<< <5<< <5<> <5<< <5<= <5<< <5<> <5<< <5<< <5<< <5<> <5<<
--* <5<< <5<< <5<< <5<< <5<> <5<< <5<> <5<< <5<< <5<< <5<> <5<<
-4* <5<< <5<< <5<= <5<< <5<> <5<< <5<= <5<< <5<< <5<< <5<> <5<<
-"& <5<< <5<< <5<< <5<< <5<> <5<< <5<< <5<< <5<< <5<< <5<> <5<<
3* <5<= <5<< <5<< <5<< <5<? <5<< <5<= <5<< <5<< <5<< <5<> <5<<
0("* <5<< <5<< <5<< <5<< <5<> <5<< <5<= <5<< <5<< <5<< <5<? <5<<
0&"* 99 <5<< <5<< <5<> <5<< 99 99 <5<< <5<< <5<> <5<<


&(2*C9CF9/*.-*&"(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


"'$ B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* =5A< <5?> =5@< <5?@ ?5A< <5A< =5D? <5>< =5@A <5?> ?5BD <5>>
--* >5<< <5>= =5@@ <5@= @5== <5>? =5AC <5>? =5@A <5=? @5AA <5>=
-4* =5<< <5=D =5@A <5=@ @5>D <5@? =5DC <5=@ =5@< <5>@ @5@= <5?@
-"& <5EA <5=E =5@@ <5>? @5@B <5>= =5=B <5?? =5@A <5@A @5>B <5@A
3* <5DB <5=> =5@@ <5=D ?5=@ <5@> =5>= <5>= =5A> <5>< ?5C? <5=D
0("* <5DB <5<E =5AA <5>> ?5?< <5A> =5?= <5@? =5B< <5@? ?5E> <5>?
0&"* 99 =5A< <5?= A5>? <5?? 99 99 =5@A <5=E ?5?< <5@@



?=D
 


&(2*C9CG9/*.-"(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


"'$ B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* =5?< <5?> =5?< <5?@ =5=C <5A< <5CC <5>< =5>< <5?> =5>> <5>>
--* >5<< <5>= =5>< <5@= =5== <5>? <5CB <5>? =5>= <5=? =5<A <5>=
-4* =5?A <5=D =5>> <5=@ =5>= <5@? <5E> <5=@ =5=E <5>@ =5>< <5?@
-"& =5>< <5=E =5>< <5>? =5AB <5>= <5AB <5?? =5>< <5@A =5E> <5@A
3* <5<E <5=> =5>< <5=D =5D@ <5@> <5B= <5>= =5>A <5>< =5@= <5=D
0("* =5<< <5<E =5>< <5>> =5?D <5A> <5BA <5@? =5?< <5@? =5?> <5>?
0&"* 99 =5=> <5?= =5@? <5?? 99 99 =5=< <5=E =5>< <5@@


&(2*C9CH9/*."-*."(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


"'$ B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* <5<< <5<< <5<< <5<< <5<? <5<< <5<> <5<< <5<< <5<< <5<? <5<<
--* <5<= <5<< <5<< <5<< <5<A <5<< <5<= <5<< <5<< <5<< <5<@ <5<<
-4* <5<< <5<< <5<= <5<< <5<@ <5<< <5<= <5<< <5<< <5<< <5<@ <5<<
-"& <5<< <5<< <5<< <5<< <5<A <5<< <5<< <5<< <5<< <5<< <5<@ <5<<
3* <5<= <5<< <5<< <5<< <5<@ <5<< <5<= <5<< <5<< <5<< <5<A <5<<
0("* <5<= <5<< <5<< <5<< <5<A <5<< <5<= <5<< <5<< <5<< <5<A <5<<
0&"* 99 <5<< <5<< <5<? <5<< 99 99 <5<< <5<< <5<A <5<<


?=E
 


&(2*C9CI9/*.-*("(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* <5== <5<= <5== <5<> <5=@ <5<= <5<B <5<= <5=< <5<= <5=B <5<=
--* <5<E <5<= <5<E <5<= <5=< <5<= <5<A <5<= <5<E <5<= <5=> <5<>
-4* <5<D <5<= <5=< <5<? <5=C <5<= <5<C <5<> <5<E <5<< <5=@ <5<>
-"& <5<D <5<= <5<E <5<> <5>< <5<= <5<@ <5<= <5<E <5<= <5=A <5<?
3* <5<E <5<< <5<E <5<> <5=A <5<= <5<A <5<= <5== <5<> <5=E <5<=
0("* <5<D <5<= <5>> <5<> <5=C <5<= <5<A <5<> <5>< <5<> <5=? <5<>
0&"* 99  <5>< <5<> <5=A <5<> 99 99 <5>> <5<> <5=A <5<=


&(2*C9D@9/*.&"(<''*&:=(40'*&"'+("-/*"(0./-"&(" -(/.',).

   


B@@B;B@@C B@@C;B@@D B@@D;B@@E B@@B;B@@C B@@C;B@@D B@@D;B@@E
  J   J   J   J   J   J
(-* <5>= <5<= <5>> <5<> <5<D <5<= <5<D <5<= <5>< <5<= <5<E <5<=
--* <5<E <5<= <5>= <5<= <5<B <5<= <5<C <5<= <5>< <5<= <5<C <5<>
-4* <5<C <5<= <5>< <5<? <5=? <5<= <5<E <5<> <5=A <5<< <5<E <5<>
-"& <5<C <5<= <5=C <5<> <5<B <5<= <5<@ <5<= <5=C <5<= <5<C <5<?


?><
 


3* <5<C <5<< <5=C <5<> <5<B <5<= <5<B <5<= <5>> <5<> <5<E <5<=
0("* <5<E <5<= <5?A <5<> <5=> <5<= <5<B <5<> <5?< <5<> <5=< <5<>
0&"* 99  <5?> <5<> <5=C <5<> 99 99 <5?< <5<> <5=> <5<=


&(2*D9A9/*.+&"*.*&0&.*/&.<5-"2=(40'*&"'+("-/*(" -(/.',).

B@@B;B@@C B@@C;B@@D B@@D;B@@E


  J   J   J
(-* D5CA =5=E D5<< <5C= D5@< <5<<
--* D5C< <5@A C5E< <5>> D5?C <5>C
-4* D5CA <5EB D5<< <5?A C5C? <5?C
-"& C5@< <5AA E5>< <5D@ C5@D <5==
3* B5A< =5>E B5A< <5C= C5>@ <5??
0("* A5DD <5B? C5@? <5A? C5@A <5>A
0&"* D5<< <5<< C5@< <5>D


&(2*D9B9.0&/*.'0./-.40'*&"'+((&"4*(%0("*B@AD9

     0,() %)%(#%)
") (.  08!  (%)  !+%))  (+*%)  %*(%  7 9"!% 
@ D5<? <5== AA5<@ =5D? >5?@ <5?B C5C= <5=C A5A> <5>@ B@5DD <5?D ?5ED =5DC


?>=
 


== D5CC <5=? B@5<< >5=? =5AA <5>B B5D@ <5=@ ?5>E <5=D A@5== <5<? >5>= <5@C
=> D5DC <5=? BA5>D >5=D =5>E <5=? B5?? <5<C ?5A= <5>B BD5D@ <5=A >5?D <5>A
=D C5=< <5=< A>5BC <5<< <5D> <5<> B5=? <5<D ?5?? <5=@ B=5A< <5<> >5<< <5<@
=E C5>? <5=< AB5CC =5DE <5?B <5=? A5DE <5<A ?5<E <5<E B?5D< <5>A =5DA <5<>
>< C5?? <5=< AC5CE <5<< <5D@ <5=< A5>E <5<A >5CB <5=D BB5?E <5>B >5=B <5<B
>? C5AC <5== AD5CA =5EB <5EE <5<= B5EA <5<D @5=< <5<= BA5ED <5<? >5=A <5=>
>@ C5EC <5== AE5EC >5<< =5=@ <5=> C5?E <5<E @5A@ <5<= BC5BB <5>C >5<B <5=E
>A B5E? <5=< A@5DA =5D? <5B> <5<A B5>< <5<@ ?5>< <5<D B?5<E <5=A =5ED <5<?
>B C5?C <5== AB5A= <5<< <5AA <5<< C5<B <5<? ?5BE <5== B@5@E <5=E =5C@ <5<>
>C B5DC <5=< A=5<= =5C< =5== <5=> A5AC <5<= >5>C <5<B B<5AB <5A< =5AE <5<A
?< C5AC <5== AC5@= <5<< <5CC <5<B C5>? <5<D @5?= <5== BC5C< <5<? >5<< <5<@



?>>
 


&(2*D9C9/*../"+('/*-*&+!"9999


?>?
 



?>@
 


&(2*D9D9/*."41&*-&<!"*#/-"*:=(40'*&"'+("-/*(" -(/.',).

"'$ B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* AB5BC =5BC AB5D< A5<B A?5B< @5?@
--* AD5A< ?5E= AA5<< @5=@ AA5C> ?5<@
-4* A@5>A B5E> A=5A@ ?5C< AB5>A @5AE
-"& A<5EB @5C? A@5?@ C5D= @D5>< D5@A
3* @>5=A B5=? @@5=A <5E> @A5ED ?5@=
0("* @>5ED =5CD AB5CE =<5?E @C5BD >5?D


&(2*D9E9/*."41*&/"&<!"*/"*:=(40'*&"'+("-/*(" -(/.',).

"'$ B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* <5<> <5<= <5<? <5<= <5?@ <5<?
--* <5<A <5<? <5<> <5<= <5>D <5<A
-4* <5<C <5<D <5<> <5<= <5=D <5<A
-"& <5<? <5<= <5<@ <5<= <5=< <5<=
3* <5<? <5<= <5<@ <5<= <5=B <5<C
0("* <5<> <5<< <5<? <5<= <5=> <5<@
<5<? <5<< <5=< <5<<



?>A
 


&(2*D9F9/*."*.+-"*<'!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* @AA5A< >B5BB @CA5B> ?@5D= @>A5A? EB5@C
--* A@A5?@ E>5@< @DD5CB =@5E? ??@5E? B<5>=
-4* @CA5?< D=5EA ?EE5<@ =><5E= ?B?5>? @C5=>
-"& @>@5E@ C?5>A @>E5D@ ED5>= ?AB5?D A>5@>
3* ?>D5=? ==?5>A ?CD5<< >5D? ??B5<< @?5DB
0("* =B@5D? ==5>> @CE5?< C<5B> >DA5=A @E5=C
0&"* A==5B< D5E= ???5<A @>5A<


&(2*D9G9/*."*#/-"*<!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* @>5DD <5E= B?5EE =5@A A?5DD >5<@
--* A=5AB C5<= B?5<A ?5?E AB5>D ?5>D
-4* AC5DC =5@= B>5AD ?5=@ A<5B< ?5??
-"& A=5=@ A5<> A@5@@ D5EC @A5@< >5BA
3* @D5?D E5A= @@5E> <5E? @E5=> A5B<
0("* @=5BC @5BC B@5B= =@5EB A?5>< @5CC
0&"* A@5EA <5== @D5>< @5D=



?>B
 


&(2*D9H9/*."* .*#/-"*<'!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* >><5<< ?A5E< >=B5BA ?@5<= @@B5E? ==5A?
--* >@C5=B ?E5AE >?A5=@ ?<5<B ?>>5DD >>5?@
-4* >B?5B< ?C5BE ><A5<B =D5=D >ED5D< >=5<>
-"& =ED5=< A<5=? >=E5D< @>5@E ?<A5AD @?5<B
3* =A?5D< >C5=E >B=5DE =D5D? >DD5=< >D5CA
0("* =EE5=E AC5?? ??<5B> A>5CC ?BA5@D >D5@D
0&"* ?<A5A< =@5DA ??@5?A >E5B?


&(2*D9I9/*."*&"*<!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* =5@= <5== =5>= <5=E ?5>< <5A=
--* =5?C <5A> =5>D <5=B ?5<> <5C?
-4* =5AC <5@B =5?? <5>> =5AD <5AC
-"& =5=< <5<@ =5@< <5@A =5<D <5=D
3* =5<A <5<? =5<A <5<> ?5B< <5BD
0("* =5<B <5<C =5CA <5>B >5CA <5EC
0&"* =5E> <5<B ?5@< <5=@



?>C
 


&(2*D9A@9/*. &0*.<!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* D5BD <5D> C5E< <5AB B5CD =5>B
--* D5?D <5C< B5CB =5>? B5>? <5B?
-4* D5C< =5?@ D5BD =5>< E5C< =5@E
-"& D5<D =5EA D5<B =5>? D5A> <5D@
3* C5CD =5@> B5DA <5?A C5B@ =5<@
0("* A5DD <5A? E5<E <5@= B5>D <5C=
0&"* E5@A <5@E A5E< <5AC


&(2*D9AA9/*.-0/*.<!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* D5A? <5AE B5B> =5>C B5<< <5B@
--* C5>B =5<C B5D< <5DA A5DA <5DB
-4* C5CD =5@@ C5=D <5CA D5@> <5D?
-"& C5>D <5D@ C5<< =5>A C5E> >5<?
3* C5?D <5D> C5>< <5@> C5=> =5><
0("* A5D< <5CE D5C< <5?D B5BD <5CE
0&"* E5D< <5=@ A5?< <5=@



?>D
 


&(2*D9AB9/*.-*.<!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* @5ED =5>A A5AD <5?? A5@A <5B>
--* A5@B <5?< @5@< <5@C ?5DD =5=E
-4* A5?< <5C< ?5BB =5>= ?5DD <5B=
-"& @5ED =5=> ?5?D <5B> ?5BB =5>E
3* ?5C? =5=C >5>A <5?A >5A> <5D<
0("* ?5@A <5BC @5D? <5CB >5B? =5>D
0&"* @5@< <5=@ >5BA =5><


&(2*D9AC9/*.&"*<'!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* =<B5=< =D5>= =?A5E< ?<5AB CE5EA ??5AD
--* EB5B@ >@5DB =<>5?D ?<5=? CE5?? =>5@D
-4* E?5=? ?<5E? =<>5<B >=5?E E=5DA >C5E>
-"& =<<5D< ??5AE >?>5>D ?A5C> E>5E@ =C5D?
3* =<@5>A ==5EE =@A5BA ?>5<< =<A5@> =@5@=
0("* D?5>D =?5EB =>D5DB ?<5C? =<E5@? ?<5DD
0&"* =EE5>A @D5?< DE5C< =<5?>



?>E
 


&(2*D9AD9/*.!(."*<'!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* =<B5@< =@5C> CE5@< ==5<? ==>5BA >=5=>
--* =<?5@B =C5<C D<5C> >?5<< EE5<C =?5DB
-4* E=5>A >B5AE EC5B> =E5?B =<C5<< C5>E
-"& DC5AD >@5<@ E>5BD D5CB EE5>> =@5AD
3* BA5<? A5<= E?5>< =>5=B =<<5>> =A5<D
0("* B>5@< C5@= C?5?? >>5CA =<?5D< ==5??
0&"* =<B5AA =>5D< ==@5CA ?5?>


&(2*D9AE9/*.*/."*<'!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* =@<?5<D =DD5CD =@>?5E< =D@5EB =@B<5B< =DD5AD
--* =AC=5?> EE5EE =@B?5B> E?5>A ==C>5DC ==E5?C
-4* =@EC5=< ><=5BD ==@=5?< A<5EA ==D?5E< EE5E<
-"& =A>E5<@ =>@5ED ==A<5D@ =>C5AD =>@<5>> =<=5BA
3* ==C>5B? =DC5?> E?C5>< >A5DD =>DD5=@ =<@5>E
0("* ==>?5=< =D=5@< DBD5== =>A5A@ =@A@5@< =EB5>A
0&"* EE@5?< D5<B =>D=5=A BC5>A



??<
 


&(2*D9AF9/*.*"*<'!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* >>5ED =<5>> =?5C< ?5>B =?5@D E5=?
--* =?5CD >5?D =?5?D =5>@ ==5@< >5D@
-4* E5@< ?5<B ?E5<< >>5DB =?5@D B5<E
-"& =B5@> ?5D> CD5D@ =@5@C ==5@< =>5CC
3* =?5>D B5BE @<5<< =5>C =@5AB ==5<<
0("* ==5=? ?5>< ?@5>E B5>D ?A5BA >C5BA
0&"* B>5@< B5A= ==5?A ?5DE


&(2*D9AG9/*.*. *-*<'!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* @@B5<? ?B5DB >BA5=E @E5DC >D<5>< =?5AB
--* ?=A5@@ ?B5<D ?=B5E? AB5=? >C<5E< @?5DD
-4* ?BA5BC C<5E@ >CE5@D ?B5C< >B@5<> =<5?=
-"& >EB5DD >B5=D >EC5B< D>5E@ >E>5@@ C<5?A
3* ?<A5>C @?5BB >?=5AB ?5>< >B<5B< E5=A
0("* @==5@C >>5A= ?=?5=A ?A5DD >DB5?A ?<5>A
0&"* ??C5?< >B5C? ?<>5<A BB5==



??=
 


&(2*D9AH9/*.0& /*.<'!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* >C5A< ?5@< >?5B@ >5@< AB5<< @5A<
--* >D5?@ A5B< =@5?@ ?5<= =<5<< =5?<
-4* >A5E? >5=< =C5@A =5DC ?<5<< =5E<
-"& ?<5=E =5B< >C5C? >5<> >=5<< =5>C
3* >@5DE =5DE ?C5=C =5@< >=5<< >5>>
0("* >C5E> =5?? >@5?> =5D< ?E5<< >5B<
0&"* >A5?A =5?? ?C5C< =5DE


&(2*D9AI9/*.("4.<!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* ?5=A <5>@ >5?> <5?A ?5BD <5@?
--* >5E< <5?@ >5>D <5AA ?5>< <5><
-4* >5DA <5AA >5@D <5>A >5E< <5?@
-"& >5AD <5>> >5=@ <5?B >5CD <5AD
3* =5DD <5C@ >5=< <5<< >5E? <5@=
0("* =5ED <5?? >5?A <5=E >5D< <5>@
0&"* >5>< <5=@ >5B< <5@>



??>
 


&(2*D9B@9/*./"(.*&0&<'!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* @E<5<< ??5@< >=C5<< >B5C@ =B@5D< >C5CC
--* AA<5<< >=5DC ?<<5=A @<5<= >EE5?< >E5?@
-4* ?BB5=@ B>5?< ?<<5DB ?C5>> >DE5@< >=5EB
-"& ?B?5@< ??5ED ?=?5BA =D5C@ >@<5<< =B5D@
3* >=B5D< >C5A> ?AA5D< >>5>> >B@5>< =E5D@
0("* >BA5<< =E5EE @=<5D< >=5?> >C>5?< >>5>=
0&"* @<<5<< =E5?E @<C5>< ><5AB


&(2*D9BA9/*.
.,-""(<'!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* @B=5<< >>5BB ?D=5@< ?@5CB ?<?5<< >C5A>
--* @D@5D> B>5?< ?=C5>< ?=5?= ?AC5<< ??5==
-4* >CC5D= ??5ED ?A?5?D =E5AC @@E5A< >C5@A
-"& ???5@A >C5A> ?B<5D< B>5?< ???5=< >=5>E
3* @A<5<< =D5@C ?>A5A< ??5ED @CC5E< ?>5ED
0("* >AC5<< >D5>> ?E=5A< >C5A> ??E5C< B>5?<
0&"* ?@<5DA =E5EA ?<>5C< ??5ED


???
 


&(2*D9BB9/*.
"-*2"'/"& 0- 0-&<'!:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@C
 
  J
(-* >5<< <5<<
--* =5=> <5<<
-4* <5<< <5<<
-"& <5<< <5<<
3* A5<< <5<<
0("* >5<< <5<<
0&"* <5<<


&(2*D9BC9/*. ("*-'*&<''*&:=(40'*&"'+("-/*(" -(/.',).

',) B@@B;B@@CB@@C;B@@D B@@D;B@@E


     
  J   J   J
(-* >>5DD ?5CE =C5BC >5<C =A5@? <5D@
--* =C5D< @5<E =C5D< ?5C< =A5@A =5<A
-4* =E5A< >5A> =A5<< ?5?E =B5<A =5@@
-"& =@5@< =5EA =B5D< @5AA =D5C@ A5C@
3* =D5<< A5@< =?5<< =5@= ><5=B >5DC
0("* =E5?D >5CA =B5>E @5@E >=5CA =5A<
0&"* =>5A< ?5A@ ><5A< >5=>


??@
 


&(2*D9BD9/*.!-*(+'"*.9-*!-'-"!*3 -/"&"4"+(& "(&"'*(-*.&9999

"%##% #1(%!)6>A< (%'!#*&#CA "*(%%'A" *%(6?

    -/"&"4"+(    "!* 
*(*% %)*%"%#%9 % *(*% % +!*% "'% )(%
) +!*-% "&#% "&#% %)&(% '%*)% #*(% FF *()#"#) (% )"#
 "&##% 8") 8") 8") 8") 8") 8") 8")
%() )
#(%       >5A (*7'%/% "'0 =
((%  ?< E  =A  >5A  A >
(0%  AD =C  >E  >5A  A ?
(!  DD >A  @?  >5A  B @
/%  DD >A  @?    B>A2 A
+#%  DD >A  @?    B B
+!%  DD >A  @?    C B
%)*%  DD >A  @?    B?<2 B
'*"(  AD =C  >E  >5A  @@<2 A
*+(        (*7'%/% @@A2 @
%-"(        (*7'%/% ?=D2 ?
"(        (*7'%/% @ >


??A
Food Chemistry 162 (2014) 186–191

Contents lists available at ScienceDirect

Food Chemistry
journal homepage: www.elsevier.com/locate/foodchem

Chemical guide parameters for Spanish lemon (Citrus limon (L.) Burm.)
juices
José Lorente a, Salud Vegara a, Nuria Martí a, Albert Ibarz b, Luís Coll c, Julio Hernández c,
Manuel Valero a,⇑, Domingo Saura a
a
IBMC-JBT Corp., FoodTech R&D Alliance, Instituto de Biología Molecular y Celular, Universidad Miguel Hernández (UMH) – Campus de Orihuela, Carretera de Beniel km 3.2, 03312
Orihuela, Alicante, Spain
b
Departament de Tecnologia d’Aliments UPV-XaRTA, Universitat de Lleida, Av. Rovira Roure, 191, 25198 Lleida, Spain
c
Laboratorios ECOSUR S.A., Calle Castillo de Aledo s/n, Polígono Industrial Base 2000 – San Martín, 30564 Lorquí, Murcia, Spain

a r t i c l e i n f o a b s t r a c t

Article history: To contribute for setting reference guideline for commercial juice extracted from the Spanish lemon
Received 3 March 2014 varieties, chemical composition of 92 direct and 92 reconstituted samples were investigated. In direct
Received in revised form 8 April 2014 lemon juice, titratable acidity was 52.4 g/L, being the citric acid the main component. Glucose, fructose
Accepted 10 April 2014
and sucrose concentrations were 7.9, 7.3 and 4.5 g/L, respectively. Predominant mineral was potassium
Available online 21 April 2014
(1264.2 mg/L), followed by phosphorous (306 mg/L), calcium (112 mg/L) and magnesium (92.6 mg/L).
Hesperidin ranged from 257 to 484.8 mg/L, while water soluble pectins varied between 164.8 and
Keywords:
550 mg/L. Similar values were obtained in reconstituted lemon juice. There are different parameters that
Lemon juice
Reference guideline
did not reach or exceeded the limits proposed by the European Association of the Industry of Juices and
Chemical composition Nectars. These levels should be taken into account to modify the present reference guideline and that
Organic acids Spanish lemon juices are not discarded for to have lower or bigger values.
Sugar profile Ó 2014 Elsevier Ltd. All rights reserved.
Hesperidin content

1. Introduction seeds and the ‘Fino’ lemon, is smaller than the ‘Verna’, with a
high-yield extraction of juice.
Lemon fruit (Citrus limon (L.) Burm.) is also a rich source of The levels of different compounds vary in juices prepared from
nutrients, including flavonoids, citric acid, vitamin C and minerals different lemon cultivars, maturity stage, growing region, cultural
(e.g. potassium), which provide numerous health promoting practise, storage conditions of fruits, extraction procedure and
properties (Del Río et al., 2004; Gil-Izquierdo, Riquelme, Porras, & thermal treatment of juice.
Ferreres, 2004; González-Molina, Moreno, & García-Viguera, There are two different kinds of lemon juices on the market:
2008, 2009a). Not From Concentrate (NFC), obtained by simple squeezing of the
Lemon production is limited to a small number of countries fruit and then submit it to a mild pasteurisation, and From Concen-
and regions because of the plant’s extreme sensitivity to low trate Juice (FCJ) obtained by reconstituting concentrate fruit juice
temperatures. In Spain (the main lemon producing country in the up to the original characteristics of the juice. Obtaining fruit juice
Mediterranean area), the crop is concentrated in the Region of concentrates through water reduction in the original juice shows
Murcia and in some neighbouring provinces of Alicante (Valencian some advantages in the product: higher resistance to microbes
Community) and Almería (Andalusia). In Murcia Region, lemon and chemical deterioration as a result of water activity reduction
production is dominated by the autochthonous ‘Fino’ and ‘Verna’ and volume and weight reduction with consequent reduction of
varieties followed by the foreign varieties ‘Eureka’, originated in transport, storage and packaging costs.
California (USA), and ‘Lisbon’ from Portugal (Pérez-Pérez, Castillo, The industrial concentration of fruit juices is usually performed
García-Lidón, Botía, & García-Sánchez, 2005). The ‘Verna’ lemon by thermal evaporators, in which much more drastic temperature
produces good-sized fruits and good juice content with not many and time regimes than pasteurisation process can be used
(Bánvölgyia, Horvátha, Stefanovits-Bányaib, Békássy-Molnára, &
Vataia, 2009; Onsekizoglu, Bahceci, & Acar, 2010). It is known that
⇑ Corresponding author. Tel.: +34 96 674 96 83; fax: +34 96 674 96 19. the thermal treatment by pasteurisation and/or thermal concentra-
E-mail address: m.valero@umh.es (M. Valero). tion produces modifications of some components with consequent

http://dx.doi.org/10.1016/j.foodchem.2014.04.042
0308-8146/Ó 2014 Elsevier Ltd. All rights reserved.
J. Lorente et al. / Food Chemistry 162 (2014) 186–191 187

degeneration of taste and chemical characteristics (Marín, were determined with the IFU method (33) and ash with IFU
Martínez, Uribesalgo, Castillo, & Frutos, 2002). method number 9. Arsenic and heavy metals were determined
The AIJN, Association of the Industry of Juices and Nectars of the by atomic absorption spectrometry (AAS). Total phosphorus and
European Union (EU), has established reference guidelines for sev- sulphate were determined according IFU 50 and 36. The content
eral fruit juices, including lemon. The referred values in these of water soluble pectin, hesperidin, D-sorbitol and 5-hydroxymeth-
guidelines are based on pure, authentic fruit juices obtained from ylfurfural (5-HMF) were determined with IFU methods 26, 58, 62
the edible part of mature and sound fruits of different varieties and 69, respectively.
and geographical origins obtained by mechanical processes. The
characterisation of Spanish lemon juices by measuring their phys-
icochemical quality parameters is of special interest to contrast 2.3. Statistical procedure
them with the actual international standards: Codex Alimentarius
and AIJN Code of practises. It is also very useful to detected adulte- Hundred eighty-four (184) direct and reconstituted juice sam-
ration or dilution of juices and to distinguish these high-quality ples from the Spanish lemon varieties ‘Verna’ and ‘Fino’ were ana-
juices. lysed in duplicate following the IFU methods. There was large
The aim of this study was to contribute to the knowledge of variability in the values of constituents of pure juice due to genetic,
Spanish lemon juice characteristics, obtained from edible part of environmental, and maturational differences among samples of
Spanish fruits, from varieties ‘Verna’ and ‘Fino’ and compare the juice. This heterogeneity of samples affects all statistical methods
effects of concentration process in the nutritional quality of lemon of quality control of juice (Brown, Katz, & Cohen, 1988). As it has
juices. The obtained parameters will be compared with the inter- been reported for pomegranate juice database (Vegara et al.,
national standards and will serve to change them, if necessary. 2014), the means and the standard deviations (SD) for many tested
characteristics of the lemon juice were calculated and the corre-
sponding variation intervals were compared with the permissible
2. Materials and methods limits adopted by AIJN.

2.1. Materials
3. Results and discussion
Two typical lemon varieties cultivated in Murcia (South-Eastern
Spain) were selected for this research: ‘Verna’ and ‘Fino’. Lemons
3.1. Section A: Parameters that characterise the absolute quality
were provided by different local factories of citrus juice extraction
requirements
and processing. They were processed at the Miguel Hernández Uni-
versity Pilot Plant, which is part of IBMC-JBT Corp., FoodTech R&D
Results related to compositional, environmental, hygienic, and
Alliance, for juice extraction. A cleaned JBT FoodTech Citrus Juice
industrial requirements of direct and reconstituted lemon juices
Extractor (juicer) was used to obtain lemon juice. The extractor
are listed in Tables 1 and 2, respectively. According to these results,
separates the juice from those constituents which, if allowed to
relative densities for direct and reconstituted juice were 1.03155
remain in contact with the juice for any period of time, will have
and 1.0177, respectively. A 23.5% of results for direct juices are
an adverse effect on the end product. After that, juice and sus-
lower than the AIJN proposal levels and a 76.5% are higher. Also
pended pulp were separated in a citrus finisher and only 8–12%
the reconstituted juices differ in density, with a 30.8% of values
of precipitable pulp was present.
below the minimum proposal and a 67% above.
Ninety-two (92 samples) pulp-free lemon juices were concen-
Total soluble solids (TSS) of direct lemon juices ranged from 5 to
trated in a falling film evaporator (Inoxpaser, Molina de Segura,
10.5°Brix and presented lower and higher values than those estab-
Murcia, Spain) with a feed flow of 100 L/h and adiabatic vacuum
lished by AIJN (2013). According to González-Molina, Moreno, and
effect. The evaporator removes most of the water until the juice
García-Viguera (2009b), TSS in ‘Verna’ lemon juices was detected
attains a high concentration of sugars (65°Brix).
in a concentration of 6–7.5°Brix and in ‘Fino’ variety between 8.2
Samples were collected for three different campaigns
and 9.5°Brix (García-Sánchez, Carvajal, Porras, Botía, & Martínez,
(2002–2003, 2003–2004, 2004–2005) and were analysed in dupli-
2003). Also, in the study of Marín et al. (2002) TSS were around
cate following the methods described below.
6.5–9.2°Brix. The results obtained in either these studies and in
the present show that Spanish lemons have TSS values higher than
2.2. Analytical reference methods those proposed by AIJN (2013). In FCJ, TSS is 8°Brix because it is a
reconstituted juice.
A panel of different analytical techniques established by IFU Other environmental, hygienic, and industrial requirements are
(International Federation of Fruit Juice Producers, Paris, France) inside the range of values established in the reference guideline
was used for determination of physicochemical parameters, (AIJN, 2013) and were not found differences between direct and
organic and mineral contents in lemon juices. reconstituted juices. Thus, L-ascorbic acid presented a concentra-
Brix value was measured according to the IFU method (8) and tion of 408.1 and 403.6 mg/L in direct and reconstituted juices,
titratable acidity according to IFU method (3). Relative density respectively. These results are bigger than others obtained for dif-
20/20 in lemon juices was determined with IFU method (1). Enzy- ferent authors in Spanish lemon juices (González-Molina et al.,
matic methods established by IFU (54, 21, 64, 17a, 22) were used 2008, 2009a, 2009b; Marín et al., 2002) and Chinese lemons (Xu
for determination of D-isocitric, L-malic, D-malic, L-ascorbic and cit- et al., 2008). The L-ascorbic content is subjected to variations
ric acid contents. Lactic acid was determined with enzymatic depending on variety, ripeness, processing, and storage conditions.
method (IFU 53), ethanol with IFU 52 and volatile acids according According to AIJN (2013), the natural L-ascorbic content in direct
to IFU method (5). Glucose, fructose and sucrose con tents were lemon juice is, as rule, over 300 mg/L.
determined according to enzymatic method established by IFU Heavy metal elements contained in fertiliser and contaminated
(55, 56). Formol index was determined according to the method soils are transmitted into fruits and other farm products. Examples
established by IFU (30) and calculated as mL 0.1 N NaOH/100 mL of heavy metals that are harmful (causing serious health effects) to
fruit juice. Amino acid profile was determined according to IFU humans include arsenic (As), lead (Pb), mercury (Hg), cadmium
method 57. Sodium, potassium, magnesium and calcium contents (Cd) and chromium (Cr) (Vegara et al., 2014). Heavy metal contents
188 J. Lorente et al. / Food Chemistry 162 (2014) 186–191

Table 1
Absolute quality requirements that are considered as being mandatory for direct lemon juices marketed in the EU.

Unit Mean ± SD Range of variation AIJN proposal Values outside (%)


m M
1. Industrially agree upon requirements
Rel. density 20/20 – 1.03155 ± 0.01 1.0013–1.0612 1.0277 23.53 76.47
Corresponding Brix °Brix 7.8 ± 1.0 5–10.5 7 8.79 78.02
2. Hygiene requirements
Volatile acids as acetic acid g/L 0.1 ± 0.01 0–0.4 Max. 0.4
Ethanol g/L ND Max. 3.0
D/L Lactic acid g/L ND Max. 0.2

3. Environmental requirements
Arsenic and heavy metals
Arsenic (As) mg/L <0.005 Max. 0.1
Lead (Pb) mg/L <0.01 Max. 0.05
Mercury (Hg) mg/L <0.01 Max. 0.01
Cadmium (Cd) mg/L <0.01 Max. 0.05
4. Compositional requirements
L-Ascorbic
acid mg/L 408.1 ± 108.7 154.2–667.0 Min. 150
5-Hydroxymethylfurfural (5-HMF) mg/L 0.54 ± 0.02 0–5 Max. 20

SD, standard deviation; AIJN, Association of the Industry of Juices and Nectars of the European Union (EU); ND, not detectable; m, minimum; M, maximum.

Table 2
Absolute quality requirements that are considered as being mandatory for reconstituted lemon juices marketed in the EU.

Unit Mean ± SD Range of variation AIJN proposal Values outside (%)


m M
1. Industrially agree upon requirements
Rel. density 20/20 – 1.1222 ± 0.10 1.0177–1.3821 1.0318 30.77 67.03
Corresponding Brix °Brix 8 ± 1.0 8
2. Hygiene requirements
Volatile acids as acetic acid g/L 0.1 ± 0.01 0–0.4 Max. 0.4
Ethanol g/L ND Max. 3.0
D/L Lactic acid g/L ND Max. 0.2

3. Environmental requirements
Arsenic and heavy metals
Arsenic (As) mg/L <0.005 Max. 0.1
Lead (Pb) mg/L <0.01 Max. 0.05
Mercury (Hg) mg/L <0.01 Max. 0.01
Cadmium (Cd) mg/L <0.01 Max. 0.05
4. Compositional requirements
L-Ascorbic
acid mg/L 403.6 ± 114.0 175.1–774.7 Min. 150
5-Hydroxymethylfurfural (5-HMF) mg/L 0.71 ± 0.05 0–5 Max. 20

SD, standard deviation; AIJN, Association of the Industry of Juices and Nectars of the European Union (EU); ND, not detectable; m, minimum; M, maximum.

detected in all direct and reconstituted lemon juice samples by AAS Tables 3 and 4. According to these results, titratable acidity (TA)
were acceptable (AIJN, 2013). of lemon juices, calculated as anhydrous citric acid (ACA) pH 8.1,
5-HMF is practically not present in direct fruit juice, but it is varied from 35.1 to 65.6 g/L in direct juices and from 38.4 to
naturally generated during heating or storage processes in the 78.1 g/L in reconstitutes. These values are similar than other values
Maillard reaction as well as sugar caramelization and degradation obtained by different authors for Spanish and Chinese lemons
(Vegara et al., 2014). Therefore, 5-HMF can be used as an indicator (García-Sánchez et al., 2003; Pérez-Pérez et al., 2005; Xu et al.,
of thermal abuse and prolonged or improper storage (Arena, 2008).
Fallico, & Maccarone, 2001; Esteve, Frígola, Rodrigo, & Rodrigo, Citric acid was the predominant organic acid component and its
2005). In all lemon juice samples tested, concentration of 5-HMF amount ranged from 35.1 to 84.2 g/L and from 34.2 to 67.4 g/L in
was much lower than 20 mg/L, the maximum prescribed value direct and reconstituted juices, respectively. It was followed by
by AIJN (2013). The limited presence of 5-HMF (0.54–0.71 mg/L) L-malic acid in a range of 0.5–5.0 g/L in both types of juice. D-Isocit-
is in agreement with the lack of heat treatment of the juices and ric acid was present in a concentration of 268.9 mg/L in direct
suitable preservation of the samples as is confirmed by the high juices and at 258.7 mg/L in reconstitutes. The 35.2% and 42.9% of
L-ascorbic acid content (Burdurlu, Koca, & Karadeniz, 2006). results for D-isocitric acid in direct and reconstituted juices were
lower than the minimum limit proposed by AIJN (2013). The con-
3.2. Section B: Criteria relevant to the evaluation of identity and centration of citric acid correlates with the isocitric acid concentra-
authenticity tion to a certain extent. The citric acid/isocitric acid ratio, therefore,
can be used to detect an acidification with citric acid. Usually the
Chemical composition of hundred eighty-four (184) direct and ratio lies between 100 and 200 but values up to 240 can be
reconstituted juice samples from Spanish lemons are given in observed in Argentinean lemon juices (AIJN, 2013). In the present
J. Lorente et al. / Food Chemistry 162 (2014) 186–191 189

Table 3
Other quality parameters and further criteria for evaluation of identity and authenticity of direct lemon juices.

Unit Mean ± SD Range of variation AIJN proposal Values outside (%)


m M
Titratable acidity at pH 8.1 g/L 52.4 ± 6.9 35.1–65.6 44.8–62.0 15.38 8.79
Citric acid g/L 53.8 ± 9.0 35.1–84.2 45–63.0 19.78 18.68
D-Isocitric acid mg/L 268.9 ± 73.8 114.0–455.7 230–500 35.16
Citric/Isocitric acid ratio – 214.8 ± 68.3 117.0–466.4 Max. 200 49.45
L-Malic acid g/L 1.8 ± 0.9 1.0–4.4 1–7.5
D-Malic acid mg/L NP NP
Ash g/L 2.6 ± 0.6 1.2–5 2.2–4.3 17.58 1.10
Sodium (Na) mg/L 23.1 ± 20.1 3–98.4 Max. 30 25.27
Potassium (K) mg/L 1264.2 ± 267.8 673.6–1953.8 1100–2000 25.27
Magnesium (Mg) mg/L 92.6 ± 20.4 37.5–136.7 70–120 16.48 6.59
Calcium (Ca) mg/L 112.0 ± 43.8 46.8–278.4 45–160 10.99
Total phosphorus (P) mg/L 306.0 ± 73.7 182.7–694.7 80–150 12.09 4.40
Sulphate (SO4) mg/L 27.47 ± 9.89 10–56 Max. 100
Flavanoid-Hesperidin mg/L 364.88 ± 67.26 257–484.82 Max. 1500
Water soluble pectins mg/L 324.34 ± 94.95 164.8–550 Max. 700
Glucose g/L 7.9 ± 2.1 3–15.7 3–12 3.30
Fructose g/L 7.3 ± 1.8 3.4–13.6 3–11 3.30
Glucose/Fructose – 1.1 ± 0.2 0.6–1.6 0.95–1.3 43.75 31.25
Sucrose g/L 4.5 ± 2.2 1–15 Max. 7.0 13.19

SD, standard deviation; AIJN, Association of the Industry of Juices and Nectars of the European Union (EU); NP, not present; m, minimum; M, maximum.

Table 4
Other quality parameters and further criteria for evaluation of identity and authenticity of reconstituted lemon juices.

Unit Mean ± SD Range of variation AIJN proposal Values outside (%)


m M
Titratable acidity at pH 8.1 g/L 52.4 ± 6.6 38.4–78.1 44.8–62.0 13.19 5.49
Citric acid g/L 53.4 ± 10.8 34.2–67.4 45–63.0 12.09 4.40
D-Isocitric acid mg/L 258.7 ± 66.6 138.1–396.4 230–500 42.86
Citric/Isocitric acid ratio – 217.8 ± 63.1 125.2–362.2 Max. 200 51.65
L-Malic acid g/L 1.8 ± 1.0 0.5–5.0 1–7.5 10.99
D-Malic acid mg/L NP NP
Ash g/L 3.0 ± 0.5 1.4–3.9 2.2–4.3 6.59
Sodium (Na) mg/L 51.6 ± 54.4 6.8–220.4 Max. 30 46.15
Potassium (K) mg/L 1313.6 ± 246.1 398.5–2067.6 1100–2000 10.99 2.20
Magnesium (Mg) mg/L 105.5 ± 30.9 57.0–198.8 70–120 10.99 18.68
Calcium (Ca) mg/L 167.9 ± 109.6 56.4–489.8 45–160 32.97
Total phosphorus (P) mg/L 312.7 ± 65.2 164.8–606.4 80–150 10.99 2.20
Sulphate (SO4) mg/L 37.73 ± 13.88 23.16–67.40 Max. 100
Flavanoid-Hesperidin mg/L 367.03 ± 91.57 238.9–550.9 Max. 1500
Water soluble pectins mg/L 293.20 ± 77.75 152.4–405.6 Max. 700
Glucose g/L 8.1 ± 2.0 1.0–15.5 3–12 1.10 4.40
Fructose g/L 7.5 ± 1.3 3–13 3–11 2.20
Glucose/Fructose – 1.1 ± 0.1 0.8–1.3 0.95–1.3 18.75
Sucrose g/L 3.4 ± 1.6 0.5–10.5 Max. 7.0 2.20

SD, standard deviation; AIJN, Association of the Industry of Juices and Nectars of the European Union (EU); NP, not present; m, minimum; M, maximum.

study, a 49.5% and a 51.7% of the citric acid/isocitric acid ratios in and 11% of direct juice samples. In reconstituted juice, the 46.15%
direct and reconstituted juices were higher than the maximum and 33% of results obtained for sodium and calcium were higher
limit established in the reference guideline. Moreover, values than the respective maximum limits established in the reference
above 240 were observed either in direct (maximum value: guideline. According to AIJN (2013), sodium values higher than
466.4) or reconstituted (maximum value: 362.2) Spanish lemon 30 mg/L can occasionally be found in lemon juices originating from
juices. Southern Spain as a result of fluctuating sodium levels in the irri-
The ash that represents the total mineral content of lemon juice gation water. Extremely high values up to 98.4 mg/L in direct
was between 2.6 and 3 g/L. The predominant mineral in lemon juices and 220.4 mg/L in reconstitutes were determined herein.
juice was potassium (K) (1264.2 and 1313.6 mg/L in direct and Glucose, fructose and sucrose were detected and quantified in
reconstituted juices, respectively), followed by phosphorus (P), all juices tested. The presence of sucrose in direct and reconsti-
calcium (Ca), magnesium (Mg), and sodium (Na). Potassium values tuted lemon juices was low: 4.5 and 3.4 g/L, respectively. The
exceeding the upper limit of the established range (1100–2000 mg/ 13.19% of results for sucrose in direct juice were higher than the
L) are not found and only a few Italian juices remained slightly maximum limit proposed by AIJN (2013). Glucose content was
below the lower limit of the range (AIJN, 2013). In this study a similar in both type of juice (7.9 and 8.1 g/L) and happened the
25.3% of results for potassium in direct lemon juice were also same with the fructose content (7.3 and 7.5 g/L). The glucose/fruc-
below the minimum reference value. Levels of sodium and calcium tose ratio varied between 0.6 and 1.6 in direct juice and there were
above the respective upper limits occurred especially in the 25.3% big differences with the AIJN range of variation. Almost half of
190 J. Lorente et al. / Food Chemistry 162 (2014) 186–191

Table 5
Formol number and levels of free amino acids in direct lemon juices from Spanish lemons.

Unit Mean ± SD Range of variation AIJN proposal Values outside (%)


m M
Formol number mL NaOH 0.1 N/100 mL 17.5 ± 4.0 10–33 13–26 8.8 2.20
Amino acids
Aspartic acid mmol/L 3.34 ± 1.05 2–5.36 2.26–6.02 15
Threonine mmol/L 0.13 ± 0.05 0.08–0.22 0.08–0.25
Serine mmol/L 1.32 ± 0.25 0.9–2 1.29–3.52 55
Asparagine mmol/L 1.64 ± 0.79 0.95–2.99 0.99–4.55 5
Glutamic acid mmol/L 1.65 ± 0.51 1.01–2.89 1.09–2.72 10 5
Glutamine mmol/L 0.06 ± 0.09 0–0.22 Max. 0.31
Proline mmol/L 2.32 ± 1.45 0.86–5.26 0.87–6.96 10
Glycine mmol/L 0.12 ± 0.05 0.05–0.22 0.09–0.33 20
Alanine mmol/L 0.94 ± 0.26 0.61–1.80 0.90–2.92 35
Valine mmol/L 0.15 ± 0.09 0.06–0.35 0.07–0.30 15 10
Methionine mmol/L 0.01 ± 0.01 0–0.03 Max. 0.03
Iso-leucine mmol/L 0.04 ± 0.01 0.02–0.06 0.02–0.08
Leucine mmol/L 0.05 ± 0.01 0.02–0.07 0.02–0.08
Tyrosine mmol/L 0.02 ± 0.02 0–0.05 Max. 0.04 15
Phenylalanine mmol/L 0.14 ± 0.08 0.03–0.25 0.05–0.24 15 10
Lysine mmol/L 0.09 ± 0.05 0.03–0.20 0.03–0.14 10
Histidine mmol/L 0.02 ± 0.02 0–0.05 Max. 0.07
Arginine mmol/L 0.26 ± 0.13 0–0.45 Max. 0.58

SD, standard deviation; AIJN, Association of the Industry of Juices and Nectars of the European Union (EU); m, minimum; M, maximum.

Table 6
Formol number and levels of free amino acids in reconstituted lemon juices from Spanish lemons.

Unit Mean ± SD Range of variation AIJN proposal Values outside (%)


m M
Formol number mL NaOH 0.1 N/100 mL 19.3 ± 4.1 9.4–29.7 13–26 2.20 5.49
Amino acids
Aspartic acid mmol/L 3.05 ± 1.43 1.10–5.13 2.26–6.02 15
Threonine mmol/L 0.17 ± 0.06 0.09–0.29 0.08–0.25 10
Serine mmol/L 1.11 ± 0.32 0.56–1.92 1.29–3.52 80
Asparagine mmol/L 1.54 ± 0.84 0.74–3.08 0.99–4.55 20
Glutamic acid mmol/L 1.43 ± 0.65 0.47–2.37 1.09–2.72 30
Glutamine mmol/L 0.09 ± 0.09 0–0.29 Max. 0.31
Proline mmol/L 2.37 ± 1.27 1.16–4.55 0.87–6.96 4.35
Glycine mmol/L 0.1 ± 0.05 0.03–0.20 0.09–0.33 50
Alanine mmol/L 0.83 ± 0.23 0.45–1.20 0.90–2.92 55
Valine mmol/L 0.13 ± 0.08 0.04–0.30 0.07–0.30 25
Methionine mmol/L 0.01 ± 0.01 0–0.03 Max. 0.03
Iso-leucine mmol/L 0.04 ± 0.02 0.01–0.07 0.02–0.08 10
Leucine mmol/L 0.04 ± 0.02 0.01–0.07 0.02–0.08 15
Tyrosine mmol/L 0.02 ± 0.02 0–0.05 Max. 0.04 20
Phenylalanine mmol/L 0.13 ± 0.07 0.04–0.27 0.05–0.24 10 15
Lysine mmol/L 0.09 ± 0.05 0.02–0.20 0.03–0.14 10 15
Histidine mmol/L 0.02 ± 0.02 0–0.05 Max. 0.07
Arginine mmol/L 0.27 ± 0.11 0.10–0.51 Max. 0.58

SD, standard deviation; AIJN, Association of the Industry of Juices and Nectars of the European Union (EU); m, minimum; M, maximum.

results (43.8%) were below the minimum established limit for the the complete amino acid profile of direct and reconstituted Spanish
glucose/fructose ratio, while a 31.3% was above the upper refer- lemon juices are shown in Tables 5 and 6. The formol number was
ence value. 17.5 and 19.3 mL NaOH 0.1 N/100 mL in direct and reconstituted
On the other hand, flavanones are the dominant flavonoid class juices, respectively. The amino acids found in major level were,
in the genus citrus. The flavanone profile of lemons is dominated in decreasing order, aspartic acid > proline > glutamic acid > aspar-
by hesperidin and eriocitrin and similar to sweet oranges agine > serine > alanine; threonine, glutamine, glycine, valine,
(Peterson et al., 2006). Hesperidin was found in a concentration methionine, iso-leucine, leucine, tyrosine, phenylalanine, lysine,
of 364.88 and 367.03 mg/L in direct and reconstituted juices. The histidine and arginine were found at minimal levels. According to
hesperidin levels were bigger than those reported by other authors the AIJN guideline for lemon juice, the distribution of the individ-
previously (Barreca, Bellocco, Caristi, Leuzzi, & Gattuso, 2011; ual amino acids is influenced neither by the fruit variety nor by
Gironés-Vilaplana, Mena, García-Viguera, & Moreno, 2012; the provenance, except for proline. In the present study, however,
González-Molina et al., 2008, 2009a, 2009b; Xu et al., 2008). This the 55% and the 35% of results for serine and alanine are below the
difference maybe is due to the juice extraction method. In all stud- minimum values established for these amino acids in the reference
ies, the juices were manually obtained unlike of the industrial form guideline. These percentages increased to 80% and 55% in lemon
used herein. juices reconstituted from concentrates. Contradicting, the upper
The formol number, or formol titration, is merely an index range limit for serine and alanine may be slightly exceeded in some
which reflects the amount of free amino acids. This index and cases (AIJN, 2013).
J. Lorente et al. / Food Chemistry 162 (2014) 186–191 191

4. Conclusions Burdurlu, H. S., Koca, N., & Karadeniz, F. (2006). Degradation of vitamin C in citrus
juice concentrates during storage. Journal of Food Engineering, 74, 211–216.
Del Río, J. A., Fuster, M. D., Gómez, P., Porras, I., García-Lidón, A., & Ortuño, A. (2004).
The complete chemical profile was determined in direct and Citrus limon: A source of flavonoids of pharmaceutical interest. Food Chemistry,
reconstituted lemon juice samples to make an authenticity control 84(3), 457–461.
Esteve, M. J., Frígola, A., Rodrigo, C., & Rodrigo, D. (2005). Effect of storage period
guide of commercial juice obtained from the Spanish lemon
under variable conditions on the chemical and physical composition and colour
varieties ‘Verna’ and ‘Fino’. Results were compared with the AIJN of Spanish refrigerated orange juices. Food and Chemical Toxicology, 43,
generic guideline for lemon juice that establishes the chemical pro- 1413–1422.
García-Sánchez, F., Carvajal, M., Porras, I., Botía, P., & Martínez, V. (2003). Effects of
file for various types and origins of fruit of industrial significance.
salinity and rate of irrigation on yield, fruit quality and mineral composition of
Our results show that in the Spanish lemon juices there are ‘‘Fino 49’’ lemon. European Journal of Agronomy, 19(3), 427–437.
parameters that did not reach or exceeded the limits proposed Gil-Izquierdo, A., Riquelme, M. T., Porras, I., & Ferreres, F. (2004). Effect of the
by AIJN. In addition, the concentration process did not contribute rootstock and interstock grafted in lemon tree (Citrus limon (L.) Burm.) on the
flavonoid content of lemon juice. Journal of Agricultural and Food Chemistry,
to vary the juice composition. Therefore, it is important to consider 52(2), 324–331.
the change in any of these parameters because it is demonstrated Gironés-Vilaplana, A., Mena, P., García-Viguera, C., & Moreno, D. A. (2012). A novel
that high quality juices would not be accepted in view of the exist- beverage rich in antioxidant phenolics: Maqui berry (Aristotelia chilensis) and
lemon juice. LWT – Food Science and Technology, 47, 279–286.
ing guideline. González-Molina, E., Moreno, D. A., & García-Viguera, C. (2008). Genotype and
harvest time influence the phytochemical quality of Fino lemon juice (Citrus
limon (L.) Burm. F.) for industrial use. Journal of Agricultural and Food Chemistry,
Acknowledgement 56(5), 1669–1675.
González-Molina, E., Moreno, D. A., & García-Viguera, C. (2009a). A new drink rich in
The authors are grateful to AILIMPO (Asociación Interprofesion- healthy bioactives combining lemon and pomegranate juices. Food Chemistry,
115(4), 1364–1372.
al de Limón y Pomelo, Murcia) for its contribution to the supply of González-Molina, E., Moreno, D. A., & García-Viguera, C. (2009b). Comparison of
lemons from different locations during the three growing seasons ‘‘Verna’’ lemon juice quality for new ingredients and food products. Scientia
covered by this study and the economic cost of chemical analyses. Horticulturae, 120(3), 353–359.
Marín, F. R., Martínez, M., Uribesalgo, T., Castillo, S., & Frutos, M. J. (2002). Changes
in nutraceutical composition of lemon juices according to different industrial
extraction systems. Food Chemistry, 78(3), 319–324.
References
Onsekizoglu, P., Bahceci, K. S., & Acar, M. J. (2010). Clarification and the
concentration of apple juice using membrane processes: A comparative
AIJN (Association of the Industry of Juices and Nectars of the European Union) quality assessment. Journal of Membrane Science, 352(1–2), 160–165.
(2013). Code of practice for evaluation of fruit and vegetable juices 6.6. Reference Pérez-Pérez, J. G., Castillo, I. P., García-Lidón, A., Botía, P., & García-Sánchez, F.
guideline for lemon juice – Revised February 2013. (2005). Fino lemon clones compared with the lemon varieties Eureka and
Arena, E., Fallico, B., & Maccarone, E. (2001). Thermal damage in blood orange juice: Lisbon on two rootstocks in Murcia (Spain). Scientia Horticulturae, 106(4),
Kinetics of 5-hydroxymethyl-2-furancarboxaldehyde formation. International 530–538.
Journal of Food Science and Technology, 36, 145–151. Peterson, J. J., Beecher, G. R., Bhagwat, S. A., Dwyer, J. T., Gebhardt, E., Haytowitz, D.
Bánvölgyia, S., Horvátha, S., Stefanovits-Bányaib, E., Békássy-Molnára, E., & Vataia, B., et al. (2006). Flavanones in grapefruit, lemons, and limes: A compilation and
G. (2009). Integrated membrane process for blackcurrant (Ribes nigrum L.) juice review of the data from the analytical literature. Journal of Food Composition and
concentration. Desalination, 241(1–3), 281–287. Analysis, 19, S74–S80.
Barreca, D., Bellocco, E., Caristi, C., Leuzzi, U., & Gattuso, G. (2011). Flavonoid profile Vegara, S., Martí, N., Lorente, J., Coll, L., Streitenberger, S., Valero, M., et al. (2014).
and radical-scavenging activity of Mediterranean sweet lemon (Citrus limetta Chemical guide parameters for Punica granatum cv. ‘Mollar’ fruit juices
Risso) juice. Food Chemistry, 129(2), 417–422. processed at industrial scale. Food Chemistry, 147, 203–208.
Brown, M. B., Katz, B. P., & Cohen, E. (1988). Statistical procedures for the Xu, G., Liu, D., Chen, J., Ye, X., Ma, Y., & Shi, J. (2008). Juice components and
identification of adulteration in fruit juices. In S. Nagy, J. A. Attaway, & M. E. antioxidant capacity of citrus varieties cultivated in China. Food Chemistry,
Rhodes (Eds.), Adulteration of fruit juice beverages (pp. 215–234). New York and 106(2), 545–551.
Basel: Marcel Dekker Inc.

You might also like